The Bulgarian company Trace Group Hold will repair roads in Serbia

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The Bulgarian construction company Trace Group Hold had signed a deal for road repair with Serbia’s state-owned road infrastructure company JP Putevi Srbije, BalkanEngineer learned from Seenews.com. The project is worth a total of 6.7 million euro.

The construction work, which will be carried out by the Serbian branch of the company Trace Serbia, must be completed within a period of 15 months. The road repair contract includes a 19.5-km section between the town of Babušnica and the village of Svodje in southeastern Serbia. The project is funded by the European Investment Bank.

Trace Group Hold’s activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways and stations, land railways and facilities, urban infrastructure and road markings. The Bulgarian company has been operating since 2004.

Source of images: pixabay.com