tiprankstipranks
Trending News
More News >

Duro Felguera Resolves Djelfa Power Plant Dispute with Sonelgaz

Story Highlights

An update from Duro Felguera ( (ES:MDF) ) is now available.

Duro Felguera has signed a memorandum of understanding with Sonelgaz-Production d’Electricité and China Power Engineering & Consulting Group to amicably resolve a contract and related disputes concerning the Djelfa power plant in Algeria. This agreement aims to ensure the completion of the power plant’s construction and settle all ongoing litigations, with the final terms to be executed within a month.

More about Duro Felguera

Duro Felguera is a company involved in the construction and engineering industry, focusing on large-scale infrastructure projects such as power plants.

YTD Price Performance: 24.09%

Average Trading Volume: 2,571

Technical Sentiment Signal: Buy

Current Market Cap: €56.81M

See more insights into MDF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App