"Energoprojekt" signed contract on construction of paper factory in Russia - 40m EUR

"Energoprojekt Visokogradnja", a part of "Energoprojekt holding", as the contractor, and open stock company "Mondi SLPK", as the investor, have signed the contract on construction of the first phase of paper factory in city of Siktivkar.

The value of the works in Republic of Koma in Russian Federation is 40m EUR, and the deadline for realization of the project is Janary 2010.

"Energoprojekt holding", one of the three companies on A listing of the Belgrade Stock Exchange, realized profit in amount of 294.11m RSD in 2007 (13.5% more than in 2006) and business incomes worth 1.73 billion RSD, which represents growth by 120%.