PIM to sign 63.5m USD worth of contract in Moscow

The company for hydro-technical works, “Ivan Milutinović” (PIM), in Moscow, signed $63.5m worth of contract on the construction of a terminal for the loading of coal in the city of Vanino on the Atlantic Ocean.

After the signing of the preliminary contract and the receipt of the advance payment of $2.2m USD, the complete contract is to be signed now, based on which PIM is the main contractor with the Siberian company SUEK as the investor.

At the same time, the contract with the German equipment supplier is being signed, to which a third of the $63.5m investment will be delivered.