Brief: Fabryka Konstrukcji Drewnianych Unit Terminates Contracts With Intercor

Fabryka Konstrukcji Drewnianych SA

23/10/2018 13:33

Oct 23 (Reuters) - FABRYKA KONSTRUKCJI DREWNIANYCH SA
 FKD.WA :
    * ITS UNIT, DOME INTERNATIONAL, TERMINATES CONTRACTS FOR
CONSTRUCTION WORKS
    * SAYS REASON FOR INTERRUPTION OF WORKS AND TERMINATION OF
CONTRACTS IS LACK OF FINANCIAL FLOWS FROM CONSTRUCTION,
CORRESPONDING TO THE LEVEL OF ADVANCEMENT OF WORKS ALREADY
CARRIED OUT 
    * UNIT SIGNED DEALS WITH GENERAL CONTRACTOR,
PRZEDSIEBIORSTWO
USLUG TECHNICZNYCH INTERCOR SP. Z O.O., IN 2017
    * SAYS CONSIDERING MUTUAL CLAIMS BETWEEN DOME INTERNATIONAL
AND
INTERCOR COMPANY SEES NO OTHER WAY TO RESOLVE THE DISPUTE THAN
IN COURT
    * ALSO SAYS IT WILL DEMAND PAYMENT FOR WORKS ALREADY CARRIED
OUT
FROM GENERALNA DYREKCJA DROG KRAJOWYCH I AUTOSTRAD (GDDKIA),
WHICH COMMISSIONED THE WORK OF INTERCOR

Source text for Eikon:  ID:nEM1z0wnga 
Further company coverage:  FKD.WA 

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