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J and P AVAX SA Signs Joint Venture Contract


Wednesday, 26 Jun 2013 08:42am EDT 

J and P AVAX SA announced that it has signed a joint venture contract comprising AKTOR SA and INTRAKAT with ERGA-OSE SA for the project titled "Construction of infrastructure for the new twin railway line in the Rododaphni-Psathopyrgos section marked from 91+500 km to 113+000 km, and the Panagopoula Tunnel", budgeted at EUR 293.1 million. The project pertains to the construction of the infrastructure for a 21.5-km section of the new high-speed rail line and all related railway and road works, bridges and underpasses. It also includes construction of the 4.5km-long Panagopoula twin tunnel with connecting shafts and a 0.55km-long access tunnel. The contract sets a 36-month deadline for completion of works. 

Company Quote

0.91
0.0050 +0.55%
9:19am EDT