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Drake and Scull gains as German subsidiary wins Dhs90m contracts in Romania
- United Arab Emirates: 22 hours, 18 minutes ago
The DFM General Index slipped 0.10% Wednesday, closing at 1,587.45. Emaar Properties and Arabtec Construction fell 0.54% and 0.43%, respectively. Real estate maintenace and water and power supply specialist Drake and Scull International or DSI closed 0.77% to reach Dhs0.705. Earlier in the dau, DSI said its German subsidiary Passavant-Roediger GmbH secured two major water treatment plant projects in Romania. For Dhs42.5m, Passavant-Roediger will design and build a River Water Treatment Plant in Sibiu, Romania, producing drinking water for up to 200,000 people. The second project valued at Dhs47.5m involves the extension and modernization of a Waste Water Treatment Plant in Roman, Romania, catering for a population equivalent of just over 115,000 people
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Gérard Al-Fil, Financial JournalistWednesday, December 12 - 2012 at 14:34 UAE local time (GMT+4)
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