GRK Infra Secures Work Contracts Linked to Rail Baltica Project in Europe

GRK Infra (GRK.HE) said Friday it expects to generate 13.1 million euros in total from contracts related to the development of the Rail Baltica project in Europe. The rail project, with an estimated total value of between 394 million euros and 540 million euros, will connect Estonia to Poland, passing through Latvia and Lithuania. The construction group will provide works for the preparation and development phases of the project under contracts with Rail Baltic Estonia. The development phase will continue until September, with the implementation phase expected to start in the summer.