Trace Group Hold Awarded 4-Year Road Maintenance Contract for Downtown Sofia

Business | June 17, 2015, Wednesday // 11:32
Bulgaria: Trace Group Hold Awarded 4-Year Road Maintenance Contract for Downtown Sofia

Trace Group Hold AD has signed a contract with the Sofia Municipality worth BGN 5 725 440 envisaging road maintenance services for 4 years in downtown Sofia.

Under the contract, signed on June 11, 2015, the publicly traded company will be in charge of current repairs and maintenance of the road network and facilities on the territory of Sofia Municipality zone I, including the districts of Vitosha, Lozenets, Sredets, and Triaditsa, according to a media statement of the company.

As regards the remaining part of the road network included in Sofia Municipality zone I, payments will be made on the basis of concrete assignments.

The funding is provided by the Sofia Municipality.

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Tags: Trace Group Hold, Sofia Municipality, road repairs
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