Brief: Kontrolmatik Says It Is Suspended From World Bank Group Financed Projects For 12 Months Under Settlement Agreement

Kontrolmatik Teknoloji Enerji ve Muhendislik

12/12/2025 05:24

Dec 12 (Reuters) - KONTROLMATİK TEKNOLOJİ ENERJİ VE MÜHENDİSLİK KONTR.IS:

IT REACHES SETTLEMENT WITH PARTIES AFTER WORLD BANK GROUP REVIEW OF PAST TENDER PROCESS FOR EMERGENCY DEVELOPMENT PROJECT IN THE REPUBLIC OF IRAQ

UNDER SETTLEMENT, KONTROLMATIK'S PARTICIPATION IN WORLD BANK GROUP FINANCED PROJECTS IS SUSPENDED FOR 12 MONTHS

AFTER SUSPENSION PERIOD, COMPANY AND SUBSIDIARIES WILL BE ELIGIBLE WITH 12 MONTH CONDITIONAL PARTICIPATION PERIOD

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 (Gdansk Newsroom)

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