Trakcja with €30.5 mln deal in Lithuania

WSE-listed railway infrastructure builder Trakcja signed a €30.5 million consortium deal with Lithuanian government for the development of the E67 road connecting Kaunas and Marijampole. “The agreement was concluded within the consortium and the net value of the contract is €30,503,447. The [Trakcja] subsidiary AB Kauno tiltai has not yet concluded an executive agreement with the other consortiums, so its final share in the value of the contract is not known. The company will report in a separate report on AB Kauno tiltai's participation in the value of the contract,” Trakcja said. The work is to be completed within 8 months of the date of the contract’s entry into force (excluding the period between December 15-March 15).