Brief: Harju Elekter - Energo Veritas Subsidiary Canceled Two Contracts For The Supply Of Hermetic Distribution Transformers

Harju Elekter AS

20/05/2022 09:39

May 20 (Reuters) - Harju Elekter AS  HAE1T.TL :
    * ENERGO VERITAS SUBSIDIARY OF CO CANCELED TWO  CONTRACTS
WITH
ENEFIT CONNECT FOR THE SUPPLY OF HERMETIC DISTRIBUTION
TRANSFORMERS
    * CHANGE IN MARKET SITUATION PRICE LEVELS AVAILABILITY OF
RAW
MATERIALS AND DELIVERY DEADLINES MADE IT DIFFICULT FOR ENERGO
VERITAS TO COMPLY WITH THE FRAMEWORK CONTRACTS
    * ENEFIT CONNECT HAS INFORMED ENERGO VERITAS OF ITS
INTENTION TO
CLAIM A CONTRACTUAL PENALTY FOR THE BREACH OF THE FRAMEWORK
CONTRACTS

Source text:  ID:nGNE313N04 
Further company coverage:  HAE1T.TL 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))