Integrated Engineering, German Roschmann ink €250K deal

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Mon, 17 Jul 2017 - 01:58 GMT

BY

Mon, 17 Jul 2017 - 01:58 GMT

U.S. dollars - creative commons

U.S. dollars - creative commons

CAIRO – 17 July 2017: Integrated Engineering Group signed a contract with the German Roschmann Group to install metal facilities in the Grand Egyptian Museum at an initial value of €250,000 ($286,637), a Monday statement said.

Unaudited financial statement of the group revealed that the firm’s profits surged 166 percent to LE 585,900 in 2016.

The Egyptian engineering company’s capital amounts to LE 12 million, distributed over 60 million shares at LE 0.20 per share.

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