Our Company and its subsidiary Erde Mühendislik A.Ş. undertook the electromechanical installation works of Istanbul Fikirtepe Urban Transformation Project with Kuzu Toplu Konut İnşaat A.Ş.
Within the scope of parcel 3466/1, Birleşim Engineering signed a new contract for mechanical installation works for USD 6,256,727 + VAT and TL 111,863,847 + VAT; Erde Engineering signed a new contract for electrical installation works for USD 5,863,975 + VAT and TL 85,279,910 + VAT.
The total contract value is TL 516,818,870 including VAT at the current exchange rate.
With this notification, the total contract value is TRY 968.325.184 including VAT at the current exchange rate together with the two previous contracts.