as Spain arm bags Rs 427cr order
Shares of IL Transportation Networks gained more than 4 percent in intraday trade on Friday as its Spain subsidiary Elsamex SA received a contract worth euro 50.5 million (approximately Rs 427 crore).
The contract has been awarded by State Road Agency of Ukraine for rehabilitation and improvement of road and periodic maintenance of the same over a period of seven years. The project is being financed by the European Bank for Reconstruction and Development.
M Toms Outlet Online eanwhile, its anoth Toms Outlet Online er wholly owned subsidiary ITNL International (IIPL) in Singapore signed joint Toms Outlet Online venture agreement with three Chinese companies, wherein IIPL holds 28 percent equity interest.
“The partners to the joint venture agreement believe that there is huge market for testing and inspection of roads, tunnels and bridges and other services related to operation and maintenance of expressways in China and Toms Outlet Online other countries,” the company said in its release.