Bulgarian construction company Trace Group Hold said that it has set up a wholly-owned subsidiary in Moldova, which will also engage in civil engineering activities.
Trace Company, based in Chisinau, has a registered capital of 20,000 Moldovan lei ($1,100/1,015 euro), Trace Group Hold said in a statement on Friday.
Trace Group Hold’s activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.
