Brief: Biokarpet Says Initial Estimate Of The Damage Of Exalco Factory At EUR 6.0 Million

Biokarpet SA Industrial and Commercial Enterprises

25/09/2023 15:22

Sept 25 (Reuters) - Biokarpet Industrial and Commercial
Enterprises SA  ALBr.AT :
    * INITIAL ESTIMATE OF THE DAMAGE OF EXALCO FACTORY IS
ESTIMATED AT
EUR 6.0 MILLION
    * FACTORY WAS AFFECTED BY FLOODINGS
    * THE INSURANCE POLICIES COVER 100% BOTH FOR DAMAGE RECOVERY
AND
FOR ANY FUTURE LOSS OF PROFITS
    * RESTORATION OF MECHANICAL EQUIPMENT DAMAGES IS IN
PROGRESS, CO
ESTIMATES EXALCO'S 2ND FACTORY TO BE OPERATIONAL BY THE END OF
SEPTEMBER

    Source text
  
Further company coverage:  ALBr.AT 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))