Minel-Schréder fabrika svetiljki DOO from Belgrade, Serbia, signed a contract with Kočani municipality to replace street lighting and installing LED lamps in the town and a part of the village of Orizari. The value of the project is MKD 52.51 million (EUR 850.000) and 3,125 lights will be replaced, said Ratko Dimitrovski, Kočani mayor, who signed the contract with Minel-Schréder’s chief executive Branislav Vučković. The savings will be up to 65% and the funds are coming from the municipal budget, through a local tax, he added.
Vučković said the project will open a new identity for lighting in the municipality, where both the local authority and the citizens will be fully satisfied with results, Ekonomski.mk portal reported. The first street lamps will be replaced in early August, while the project’s overall duration is 42 months, Build.mk portal said. Minel-Schréder won the tender with the smallest price out of four companies.