Headline: United Engineering and Its Subsidiary Erde Engineering Sign Contracts Worth 120.5 Million TL

Foreks - A contract valued at a total of 120,547,933 TL was signed between Birleşim Mühendislik and its subsidiary Erde Mühendislik with ISKA SVERIGE AB's Istanbul Main Branch. The announcement made to the Public Disclosure Platform (KAP) stated: "A contract concerning the High Standard Railway Line Mechanical and Electrical Installation Works between BANDIRMA-BURSA, YENİŞEHİR-OSMANELİ, was signed with ISKA SVERIGE AB's Istanbul Main Branch by our company and subsidiary Erde Mühendislik San. ve Tic. A.Ş. Birleşim Mühendislik signed for 521,546.81 USD (excluding VAT) + 12,267,408.39 TL (excluding VAT), and Erde Mühendislik signed for 1,231,167.08 USD (excluding VAT) + 28,141,202.60 TL (excluding VAT). The total contract value related to this project signed by the company and its subsidiary is 120,547,933 TL (including VAT)."