ZAGREB, May 9 (Hina) - Zagreb's Koncar Energy Transformers and Sarajevo-based Energoinvest company today signed two agreements on exporting transformers to North Iraq. The project is worth 33 million kuna. Twenty-two transformer units
will be delivered to equip 11 transformer stations in North Iraq (area under UN patronage), which Energoinvest agreed on with the United Nations Development Program investor. Some transformers will be delivered this December and the entire project is expected to be completed in the first quarter of next year. This agreement is important both for Koncar and Energoinvest because it represents a continuation of cooperation between the two companies, and is also an opportunity for both companies to return to Iraq's market, Koncar's management board director Darinko Bago said.(hina) lml
ZAGREB, May 9 (Hina) - Zagreb's Koncar Energy Transformers and
Sarajevo-based Energoinvest company today signed two agreements on
exporting transformers to North Iraq. The project is worth 33
million kuna.
Twenty-two transformer units will be delivered to equip 11
transformer stations in North Iraq (area under UN patronage), which
Energoinvest agreed on with the United Nations Development Program
investor.
Some transformers will be delivered this December and the entire
project is expected to be completed in the first quarter of next
year.
This agreement is important both for Koncar and Energoinvest
because it represents a continuation of cooperation between the two
companies, and is also an opportunity for both companies to return
to Iraq's market, Koncar's management board director Darinko Bago
said.
(hina) lml