Balkantel Ltd. is part of a new railway project in Serbia. Together with the Bulgarian construction company Trace Group Hold AD, the company will repair and modernize the Nis-Brestovac railway section in Serbia. For the entire implementation period of 1005 days, the rehabilitation of the railway line with a length of 23 kilometers will have to be carried out. The route includes 5 stations, 4 stops and 12 railway crossings. The project is commissioned by the Ministry of Finance of Serbia, co-financed by the Instrument for Pre-Accession Assistance (IPA II) and the Government of the Republic of Serbia.