Vilnius City Mayor Remigijus Šimašius intends to proceed with the 90-million-euro national stadium concession tender, even if there is only one participant left, Axis Industries operated by Icor concern.
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Poland's construction group Budimex has refused to take part in the 90-million-euro tender to build and manage the national stadium in Vilnius. The company, which had formed a consortium with Lithuania's KDS Grupė, said it had lost interest in the project, as it was too risky.