Kazakh firm Integra defends its low prices in a railway tender

Kazakh-Italian consortium Integra-Todini offered the lowest price of €212.5m in the tender to renovate rail tracks between Bratislava and Czech borders. The state expected a price of €300m, and the second lowest bid, by the Italian-Slovak consortium ICM-Váhostav, was for €275m. Roberto Piccioli, Todini’s manager, says that its price is realistic. Todini, with annual sales of €200m, has experience with building highways, airports, and rail tracks in Europe and Asia. He is not concerned that Todini will have trouble finding local suppliers given the low price. This is the case with the consortium led by Cintra of Spain, which bid low for the Bratislava highway bypass.

The state-run rail infrastructure operator Železnice SR is yet to declare the tender’s winner.

(dennikN.sk)

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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