Croatian Dalekovod win EUR 20mn power line construction deal in Norway.

By bne IntelliNews September 10, 2010
Croatian construction company Dalekovod signed a EUR 20mn contract with the Norwegian state transmission system operator Statnett on the construction of a 420kV power grid Sima Samnanger. The construction works of the 90km power line will start on October 1, but no information about a deadline was provided. The construction consists of civil engineering works, erection of steel-lattice towers, and electrical installation works. The aim of the construction works is to increase the capacity of the electricity transmission and the reliability of customer supply for the region. Dalekovod's net loss amounted to HRK 2.3mn (EUR 0.3mn) in H1 after a net profit of HRK 754.4mn a year ago. The total revenues dropped significantly by 66.3% y/y to HRK 14.8mn in H1, while the total expenses went down by 60.4% y/y to HRK 17mn.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335