Spain-based Fomento de Construcciones y Contratas (FCC) has been awarded a EUR 116 mln contract for the development of a new bridge over the Danube river which will bond Bulgaria and Rumania, the company told the Spanish national stock exchange agency CNMV.
Spain-based Fomento de Construcciones y Contratas (FCC) has been awarded a EUR 116 mln contract for the development of a new bridge over the Danube river which will bond Bulgaria and Rumania, the company told the Spanish national stock exchange agency CNMV.
In a statement, the construction group said the bridge will be 1,971 m long and it will connect the Romanian city of Calafat to the Bulgarian one of Vidin. The bidding process lasted two years, and FCC beat 15 other groups, Spanish newspaper Real Estate Press reported.
The FCC group, which operates in the real estate sector through Realia Business, owns 80% of the Picasso tower in Madrid. On January 5, the construction group said it intends to acquire the remaining 20% of the asset, which is owned by EL Corte Ingles.
