To put things into perspective, the mentioned deal would account for 13% of the company’s T12 2019 operating revenues.

Institut IGH published a document stating that they have been selected as the nominated consultant, together with the Romanian construction company Constructii, to design and complete the construction of 26 km of the new motorway on the section 3C: Suplacu de Barcău – Borș of the Brașov – Târgu Mureș – Cluj – Oradea Motorway.

The mentioned deal was concluded with the Romanian National Company of Road Infrastructure Administration and the total project value is EUR 76.4m. Of that, the contract value for IGH amounts to EUR 3.43m. To put things into perspective, the mentioned deal would account for 13% of the company’s T12 2019 operating revenues.

Note that the contract implementation is expected to start during the summer, while the design period is 6 months and the construction period is 24 months.