Strabag Wins $9 Million Water-Works Upgrade Contract in Romania

Strabag AG (STB1), central Europe’s biggest builder, won a 30.9 million-lei ($9 million) contract to upgrade a water-treatment plant in Romania.

Local utility Vital SA awarded the contract after receiving five bids, according to a March 16 notice on the European Union’s tenders website. Vienna-based Strabag will upgrade infrastructure in the northwestern town of Sighetu Marmatiei.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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