Smart meters supplier Bglobal has won a contract with Gazprom in the UK.
Shares in Bglobal rose 4.75p to 34.5p each, which values the company at £25.6m. The share price has trebled in the past three months following the negotiation of a new banking facility.
Gazprom is trying to establish itself in the UK. Bglobal will supply smart electricity meters.
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