EU Supply inks new contracts in Denmark and Germany
EU Supply
18.05p
15:54 10/07/19
E-procurement software provider EU Supply has seen strong demand for its services across its target markets so far this year after inking some recent contracts in both Denmark and Germany.
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EU Supply has been awarded a new procurement service provider contract in Denmark, which is live with the company's CTM solution, and has also locked in two new clients in Germany, one of which is also live with CTM.
The AIM-listed outfit has also secured new clients in the Danish public sector following a competitive tender process.
In addition to the recent wins, EU Supply also revealed it had configured its solution for use in the tendering process for the Femern Tunnel, which is proposed to connect Denmark and Germany.
The tunnel, which will become the longest combined rail and road tunnel in the world, is expected to take eight or nine years to construct.
As of 0900 GMT, EU Supply shares had picked up 0.95% to 10.60p.