United States

Teixeira Duarte units win 66.4 mln euro deal in Brazil

Thursday, 25 Aug 2016 05:02am EDT 

Teixeira Duarte SA : Said on Wednesday that its Brazilian units EMPA SA Servicos de Engenharia and Somafel Obras Ferroviarias e Matritimas Ltda had signed a contract with Vale SA to execute certain construction works along the railroad in Maranhao and Para states in Brazil . Contract is worth 239.6 million Brazilian reais ($74.3 million), which corresponds to 66.4 million euros .Works to be done in 759 days to count as of July 26.