The project, awarded by Termoficare Oradea SA, targets design and execution works for a solar park in the city of Oradea. Works are set to take 11 months from their start, as per a stock market report
Electroalfa, the leader of an association formed of three companies, will cash the amount in full and will subsequently distribute it to the partners.
“At the time of presenting the current report, the contract has not been signed yet and the company has not been invited by the contracting authority to sign it. The company will inform the market about the signing of the contract in a distinct report,” according to company representatives.
Electroalfa has a market capitalization of RON2.1 billion and is 52%-owned by its founder, Gheorghe Ciubotaru.