Rafako with a €47 mln deal in Mongolia

A consortium led by Rafako (90 percent of the contract), has signed an agreement with National Trading & Transport Group Co Ltd. (NTT Group) to design and build a fuel storage facility in Rashaant in Mongolia for a total of €46.97 million net, the company stated. The consortium includes also Gmax Group. The project is scheduled for 30 months. Rafako is Europe’s largest boiler manufacturer. Its major shareholder is PBG.