Project engineering and management company
Bern
+2.69%
Base:866.8
opening:867.6
Tall:900
low:867
change:308,276
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, Won a turn key design project with an Israeli industrial company. The agreement amounts to a total of NIS 32 million, for a period of 15 months from the date of signing the agreement. The content of the project is the design, procurement, construction and operation of an ecological industrial facility aimed at reducing current air pollution.
The Bern share is traded at a price of NIS 8.7 per share, reflecting a value of NIS 172.5 million. The stock recorded an annual increase of 17.7%.
According to Itzik Frank, CEO of the Bern Group: “This is a strategic win for us in the local market, since it is a complex project and a win with one of the largest companies in Israel that chose us.”
The company recently signed a memorandum of understanding for the establishment of an infrastructure project worth NIS 1.4 billion in Africa in the fields of water and agricultural development. Among other things, this involves the planning and execution of the construction of a dam for water collection, the preparation of a water reservoir with a capacity of about one billion cubic meters, and in addition the training of agricultural land in the amount of 250,000 dunams.
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