Brief: Tauron Wytwarzanie Extends Agreement With Rafako Under Mediations

Mostostal Warszawa SA

22/03/2023 07:36

March 22 (Reuters) - Tauron Polska Energia SA  TPE.WA :
    * SAID ON TUESDAY ITS UNIT TAURON WYTWARZANIE HAS SIGNED
WITH
CONSORTIUM COMPRISING OF RAFAKO, MOSTOSTAL WARSZAWA, AND E003B7
SECOND ANNEX TO SETTLEMENT AGREEMENT 
    * UNDER ANNEX PARTIES TO EXTEND DEADLINE TILL APRIL 28 FOR 
TAURON
AND TAURON WYTWARZANIE FOR EXECUTION OF PAYMENT DEMAND
    * UNDER ANNEX PARTIES HAVE EXTENDED DEADLINE TILL APRIL 24
FOR
CONTRACTORS FOR PAYMENT OF 549.8 MLN ZLOTYS
    * UNDER ANNEX PARTIES HAVE RESOLVED FOR TAURON WYTWARZANIE
TO
REFRAIN FROM PURSUING CLAIMS REGARDING 762.6 MLN ZLOTY CONTRACT
TILL APRIL 28, AND 549.8 MLN ZLOTY CONTRACT TILL APRIL 24
    * UNDER ANNEX PARTIES AGREED NOT TO COME FORTH WITH ANY
CLAIMS,
AND PAYMENT DEMANDS TILL APRIL 28
    * PARTIES PLAN TO REACH FINAL SETTLEMENT BY MARCH 23 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1tch45a
 Further company coverage:  TPE.WA  

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