Alarko Loses 4 Billion Pound Railway Tender in Romania

alarko loses billion liralic railway tender in Romania
alarko loses billion liralic railway tender in Romania

Alarko Holding, including VAT 619 million euros, which would take part in the project of approximately 4 billion pounds. However, negative news came from Romania.

In January of this year, a statement was made to the Public Disclosure Platform (KAP) from Alarko Holding. In the statement, the bid given to the Brasov-Simeria Railway Line, Apata-Cata Section Construction Work tender opened by the Romanian Railways Administration of the consortium, in which Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş., a subsidiary of Alarko Holding, has 50 percent shares, “kazanmoment offer”.

Following the completion of the necessary legal procedures, Alarko Holding, which is waiting to be invited to the contract negotiations, would take part in the 619 billion euro project, which includes approximately VAT. However, negative news came from Romania.

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