Brief: Elektrocieplownia Bedzin Unit Terminates Agreement With PGG
30/12/2020 08:29
Dec 30 (Reuters) - Elektrocieplownia Bedzin SA BDZ.WA :
* ITS UNIT, ELEKTROCIEPLOWNIA BEDZIN SP. Z O.O., TERMINATES COAL SALES
AGREEMENT
WITH PGG SIGNED IN OCT 2017
* UNIT PLANS TWO-YEAR NOTICE PERIOD REGARDING CONTRACT'S TERMINATION IN CASE
6-MONTH NOTICE PERIOD FROM AUG 31 IS NOT BINDING
* IT CONTINUES TO PROPOSE PGG TO AMEND THE CONTRACT CONDITIONS TO REFLECT
MARKET
PRICES AND TO SETTLE AGREEMENT ON AMICABLE TERMS
Source text for Eikon: ID:nEM12Ttf6a
Further company coverage: BDZ.WA
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