NOVARC GROUP AS: Public Procurement
Finances
Financial projections, economic indicators, real estate, grants, procurements and asset values of beneficiaries
See report >The year 2008 was record-breaking for this company, winning the largest procurement - "Eesti Rahva Muuseumi uue hoone insenerosade projekteerimistööde ja peaprojekteerija teenus" - to date with the total value at 2 414 305 euros.
Typically, one public contract makes up a staggering 1/4 of NOVARC GROUP AS's turnover! That is quite a lot and the loss of income from public procurements would make itself felt in the turnover.
This makes it plain to see why the company is so active in tendering. – in all NOVARC GROUP AS has bid in public procurements 164 times to secure winning contracts.
At the same time, it is a business partner to the state that pays more taxes to the State Treasury than has received in sales turnover from its public contracts.
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