Brief: Grupa Azoty Unit To Receive Guarantee Payments Of EUR 107.5 Mln For Polimery Police Project

Grupa Azoty SA

11/08/2025 07:25

Aug 11 (Reuters) - Grupa Azoty ATTP.WA:

SAID ON SATURDAY IT'S POLYOLEFINS UNIT WILL RECEIVE GUARANTEE PAYMENTS OF EUR 107.5 MLN CITING ALLEGED IMPROPER EXECUTION OF POLIMERY POLICE PROJECT BY CONTRACTOR HYUNDAI ENGINEERING

GUARANTOR LIBERTY MUTUAL INSURANCE EUROPE RESERVES RIGHT TO RECLAIM FUNDS IF AN INJUNCTION REQUESTED BY HYUNDAI WAS LATER FOUND TO HAVE BEEN IN EFFECT AT THE TIME OF PAYMENT

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