# AVAX Group signs €673.5M contract for 1,750MW power plant in Romania

AVAX Group signed a contract with Mass Group Holding for the engineering, construction and commissioning of a 1,750 MW combined cycle power plant in Deva, Romania, with a total budget of €673.5 million. Construction will last 38 months and create approximately 700 jobs.

- Type: Contract
- Announced: 2023-05-30
- Where: Deva region, Romania
- Value: $738.0M (673.5M EUR)
- Jobs: 700
- Status: announced
- Capacity: 1,750 MW
- Products: combined cycle power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Avax](https://endata.com/companies/51022.md)
- [Siemens](https://endata.com/companies/301.md) (supplier)
- [Avax](https://endata.com/companies/51022.md) (partner)
- [Mass Group Holding](https://endata.com/companies/70547.md) (customer)
- [Mass Group Holding](https://endata.com/companies/70547.md) (partner)

## Sources

- [avax.gr](https://avax.gr/en/news/avax-group-signed-a-contract-worth-e673-5-million-for-a-1750mw-power-station-in-romania/), 2023-05-30: "AVAX Group announces it signed a contract with Mass Group Holding (MGH) Group for the engineering, construction and commissioning of a 1,750 MW combined cycle power plant, with a total budget of €673.5 million."
- [energynomics.ro](https://www.energynomics.ro/en/avax-and-mass-group-signed-the-673-mln-euro-contract-for-the-mintia-plant/), 2023-06-05: "The contract worth 673.5 million euro for the construction and commissioning of the 1,750 MW combined cycle power plant in Mintia was signed between AVAX Group and Mass Group Holding (MGH)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.