English"FlowTex Technology" SA, part of the "Dafora" group, signed a subcontracting agreement with German company "Hochtief Construction" AG, to perform the modernization of the wastewater treatment plant of Mediaş, the company said in a press release.
The works are worth roughly 15,000.000 lei and will last 45 months, starting in March 2010.
According to company officials, the contract will be 80% completed this year, with the remaining 20% to be completed by the end of Q1 2011.
"FlowTex Technology" SA will cooperate closely with the construction division of "Dafora".
"FlowTex Technology" had a turnover of 26,276,420 lei and a profit of 3,855,842 lei in 2008.
The company was established in 1994, with the goal of introducing a modern procedure for installing piping in areas difficult to access. The company specializes in piping systems for various sectors: natural gas distribution, potable water distribution, sewer grids, irrigation systems, draining systems, systems for the transport of industrial fluids, protection systems for electrical cabling and telecommunication networks, draining and depressurizing of phreatic water.
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