Brief: Duro Felguera Says Client Executed Guarantees For Djelfa Project In Algeria
06/11/2025 07:23
Nov 6 (Reuters) - Duro Felguera SA MDF.MC: SAID ON WEDNESDAY, REGARDING CONTRACT WITH SONELGAZ-PRODUCTION D'ELECTRICITÉ FOR DJELFA PROJECT IN ALGERIA, THAT CLIENT UNEXPECTEDLY EXECUTED GUARANTEES FOR 54.8 MILLION EUROS SAYS IT WILL TAKE ALL NECESSARY ACTION TO DEFEND ITS RIGHTS, BOTH AS RESULT OF EXECUTION OF GUARANTEES AND IN ONGOING ARBITRATION PROCEEDINGS Source text Further company coverage: MDF.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))