Trace Group Hold’s subsidiaries sign BGN 6m contracts (POSITIVE)

PSI, a subsidiary of Trace Group Hold, signed a BGN 4m contract with the Municipality of Pavel Banya on 20th May for repair works of 6.976 km of roads. The term of the contract is 108 days. Trace Bourgas, signed a BGN 1.2m contract for repair works, with the municipality of Tzarevo. The term of the contract is until 31 December 2017. On 25th of May Trace PZP Nish, another subsidiary of Trace Group Hold, signed a €408.3k contract for reconstruction of roads on the territory in the town of Nish. The term for completion of the contract is 110 days. Trace Group Hold is currently working on 6 maintenance contracts on the territory of Nish for a total value of €872.9k.