Brief: Bumech Signs MOU With OT Logistics On Strategic Cooperation On Import Of Energy Coal

Bumech SA

21/07/2022 15:09

July 21 (Reuters) - Bumech SA  BMCP.WA :
    * SIGNS DEAL WITH OT LOGISTICS ON STRATEGIC COOPERATION
REGARDING
IMPORT OF ENERGY COAL
    * UNDER DEAL, BUMECH TO SUPPORT OT LOGISTICS IN MODERNIZING
SUPERSTRUCTURE AND PORT INFRASTRUCTURE
    * BUMECH TO PROVIDE FUNDING OF ABOUT 52 MILLION ZLOTYS FOR
THIS
MODERNIZATION
    * OT LOGISTICS TO BECOME MAIN PROVIDER OF MARITIME,
TRANSSHIPMENT
AND RAIL LOGISTICS SERVICES FOR ENTITIES FROM BUMECH GROUP BY AT
LEAST END OF 2025
    * DEAL IS IN MEMORANDUM OF UNDERSTANDING (MOU) STAGE
    * THIS COOPERATION WILL SIGNIFICANTLY SUPPORT POLAND'S
CAPACITY TO
IMPORT ENERGY COAL
    * IMPLEMENTATION OF THIS INVESTMENTS IS AIMED AT INCREASING
HANDLING AND FORWARDING CAPACITY OF BULK GOODS IN ŚWINOUJŚCIE
PORT AND IMPROVING EFFICIENCY OF PORT OPERATIONS
    * MAIN POINTS OF THIS DEAL INCL. PURCHASE OF NEW PORT CRANES
AND
MODERNIZATION OF PORT RAILWAY INFRASTRUCTURE IN ORDER TO
INCREASE CAPACITY OF ŚWINOUJŚCIE PORT

Source text for Eikon:  ID:nEM1kw99ja 
Further company coverage:  BMCP.WA 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))