Brief: C-RAD’s Italian Distributor Announced As Part Of Large Tender

C Rad AB

18/10/2022 10:13

Oct 18 (Reuters) - C Rad AB  CRADb.ST :
    * C-RAD’S ITALIAN DISTRIBUTOR ANNOUNCED AS PART OF LARGE
TENDER
    * PROVIDED NO APPEAL IS FILED, DISTRIBUTOR IS EXPECTED TO
SIGN A
PURCHASING CONTRACT WITH TENDERING ORGANIZATION THEREAFTER
    * DELIVERY AND INSTALLATION OF THOSE SYSTEMS IS EXPECTED TO
COMMENCE DURING SPRING 2023 AND IS EXPECTED TO BE COMPLETED BY
END OF 2024
    * FOLLOWED BY AN ORDER TO C-RAD WITH A TOTAL VALUE EXCEEDING
45
MSEK
    * C-RAD WILL INFORM MARKET ONCE PURCHASE ORDER IS RECEIVED

Source text for Eikon:  ID:nMFN4JJ2T2 
Further company coverage:  CRADb.ST 
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