Serbia’s Energoprojekt bags 14.7 mln euro road rehabilitation contract in Uganda

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Serbian civil engineering group Energoprojekt Holding [BEL:ENHL] said on Thursday it has signed a 14.7 million euro ($16.2 million) contract with the municipal government of Uganda’s capital Kampala, for the reconstruction of 10 urban roads.

Under the deal, the company’s subsidiary Energoprojekt Niskogradnja will rehabilitate roads with a total length of 15.5 km, Energoprojekt said in a bourse filing. The deadline for project delivery is 20 months.

Energoprojekt was the most traded company on the Belgrade bourse on Wednesday with a turnover of 1.7 million dinars ($13,800/15,600 euro). The stock closed flat at 1,200 dinars.

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