BUSINESS

Ellaktor subsidiaries land waste management projects in Sofia

Athens-listed construction firm Ellaktor announced late on Friday that the consortium of Aktor and Ilektor – both Ellaktor subsidiaries – has signed a contract for the study, construction, operation and maintenance of an integrated system of refuse management installations for the City of Sofia, in Bulgaria, and the construction of a unit for the organic processing of refuse and the production of refuse-derived fuel (RDF), following a tender by the municipal authorities of the Bulgarian capital.

The project’s budget is estimated at about 90 million euros, not including value-added tax, and is subsidized by the European Union’s Cohesion Fund.

Its construction is estimated to take 19 months.

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