Baran Group wins $20 million contract in Germany

Company's German subsidiary to provide electricity, communications infrastructure to new Berlin airport
Asaf Malichi|
PrintFind an error? Report us
Related Topics
Businessman Meir Dor's Baran Group announced Wednesday that its German subsidiary won a $20 million infrastructure contract with Berlin's new airport.
Baran, a global provider of engineering, technology and construction solutions, was hired to install the airport's electricity and communications infrastructure, as part of the building consortium managing the construction project.
Baran's main partners in the $70 million project will be France's AREVA and Germany's ELPRO. Baran is scheduled to launch its end of the project by October 2007.
The Baran Group's market value in the Tel Aviv Stock Exchange is estimated at $169 million. Its German airport project is scheduled to be completed by mid 2010.
Comments
The commenter agrees to the privacy policy of Ynet News and agrees not to submit comments that violate the terms of use, including incitement, libel and expressions that exceed the accepted norms of freedom of speech.
""