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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.
Alstom, as part of a consortium with Avax and Ghella, has been designated winner for the construction of the first section of Athens Metro Line 4. Alstom's share is worth approximately €300 million, including 20 Metropolis trains and Urbalis 400 CBTC signalling.