Alliance News) - Fox Marble Holdings PLC on Thursday said it has received a new order for the supply of cut and polished paving tiles as part of phase two of a contract with the municipality of Poduyeva in Kosovo.
The company, focused on marble quarrying and finishing in Kosovo and the Balkans region, said phase two consists of the delivery of 6,600 square metres of processed material. It will supply the block marble from its quarries before cutting and finishing in its factory in Kosovo.
Shares in Fox Marble were down 7.7% at 2.03 pence in London on Thursday.
Fox Marble said this is the second order with respect to Poduyeva and is expected to generate EUR250,000 for the company.
"This new order to supply paving tiles to the Poduyeva municipality is a testament to the value of our stone, the quality of our processed material and the efficiency with which we have supplied the stone for phase one of the development in this town square. We are proud of our workforce who have contributed so fully to improving the rate of production in our factory, allowing us to fulfil these substantial contracts within our existing operating setup," said Chief Executive Chris Gilbert.
By Zoe Wickens; zoewickens@alliancenews.com
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