Home / EMEA / Two Serbian companies get USD 4.5 million subcontracting deal with RZD International

Two Serbian companies get USD 4.5 million subcontracting deal with RZD International

Energotehnika-Juzna Backa and ATM got USD 4.5 million subcontracting deal with RZD International, within the project aimed at the modernisation of Serbian railway infrastructure.

The contract covers the delivery of materials, equipment and catenary construction works services and power supply substations  on  Pancevo bridge-Pancevo main station railway section.

Reconstruction, construction and modernization of the second rail line on the section Pancevo bridge – Pancevo main station is the first project, from the Russian USD 800 million loan, to be realized in 2014. The value of works totals 69 million EUR, out of which 60 million EUR is from the loan, and 9 million EUR, 15%, is provided by the state. The project also includes reconstruction existing track and electrification on the second track,  development and enhancement railway infrastructure at the stations between Pancevacki bridge and Pancevo main station (Krnjača, Ovča,  bridge Krnjača and Sebeš).

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