TREK Development, recently listed on the Alternative Market of the Athens Stock Exchange, announces the award of a Framework Agreement project with the European Investment Bank (EIB) for the provision of specialized services supporting the EIB’s strategic national and regional initiatives in Greece and Cyprus. These initiatives cover four flagship sectors:
The duration of the Framework Agreement is set at 48 months, with an option for an additional 12-month extension. It is estimated that, from the total budget of the Agreement, TREK Development may undertake executive contracts with a maximum net value of €4,500,000.
The activation of individual assignments will be determined based on the operational needs of the EIB. The Company will keep the investment community informed of any material developments.
