New contracts signed last year reached a value of EUR3 million, according to company data.

In addition, the company invested EUR2.5 million to buy the majority stake (58.5%) in construction material supply base Comat Electro.

In 2011, the Octagon opened its first branch abroad, in Baghdad, Iraq, where it plans to unfold infrastructure projects.

So far, the company has unfolded projects in Romania, Bulgaria, Greece and Turkey.

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