ΜΗΧΑΝΙΚΗ Α.Ε.

THOLOS S.A. signed a euro 17.05 million contract

The construction company THOLOS S.A., a 100% subsidiary of MICHANIKI S.A., signed with the Ministry of Agricultural Development a euro 17,05 million contract for the public project of "Renovation and modernization of irrigation channels of the Axios River (Phase B)".
The project includes the renovation and modernization of water channels, the construction of agricultural roads, the clearing of all drain canals, the replacement of pumping station's steel pipes, and the refit of measurement/level instruments of water supply.
The time schedule for the completion of the project was set at 30 months from the signing of the contract.