The project will unfold in 2020-2021 and includes the installation of radio equipment and is among the first 5G network development initiatives in Europe.
The project in the Netherlands is the first of a series of similar project Electrogrup plans to develop in Europe next year.
Electrogrup is one of the major telecommunications infrastructure builders in Romania, with over 1,000 mobile telephony site installations, over 3,500 installations of 2G, 3G, 4G and LTE equipment and over 15,000 km of fiber optic installed in Romania, Belgium and Ireland.
Electrogrup is part of E-INFRA group, which also includes Netcity Telecom, Direct One SA, Nova Power & Gas and WESEE, with a consolidated turnover of more than EUR100 million in 2018.
Electrogrup had a turnover of RON333.7 million, a net profit of RON23.3 million and 418 employees in 2018, according to finance ministry data.