Telenik Signs €14.5 Million Deal To Develop State Cloud Infrastructure

Bulgaria’s Telelink Business Services Group (TBS Group) said on Thursday that a tie-up including its wholly-owned unit Telelink Business Services has won a 28.3 million levs ($15.6 million/14.5 million euro) deal for design and commission a state hybrid private cloud.

Telelink Business Services owns 50% interest in the tie-up which signed the contract with the State Agency for Electronic Governance, TBS Group said in a bourse filing.

The contract was signed on Wednesday, TBS Group said.

The other member of the tie-up is local company CNsys, according to documents published by the State Agency for Electronic Governance.

Telelink Business Services Group (TBS Group) is currently seeking approval of its prospectus to list on the Bulgarian Stock Exchange.

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