To put things into a perspective, the mentioned deal accounts for roughly 4% of the company’s T12 consolidated sales.

Končar published a document on the Zagreb Stock Exchange announcing that they have concluded a contract for the construction of a new 400/110 kV Ohrid substation, as part of an investment cycle of the North Macedonian transmission system operator (MESPO).

The project includes the complete construction of a new 400/110 kV substation, along with the preparation of the project documentation and the delivery, installation, testing and commissioning of primary and secondary equipment. The project also includes equipping the other end of the power line, namely the 400 kV Bitola substation.

The company states that the construction of the 400/110 kV Ohrid substation is an exceptionally important project for MEPSO, which will enable an international connection with the neighboring Albania at the 400 kV voltage level, thus further enhancing the power system of this region.

The signed contract is worth EUR 14.3m, which accounts for roughly 4% of the company’s T12 consolidated sales.