Brief: Onde Says Investor Terminates Two Deals Valued At About EUR 26 Mln

Onde SA

15/11/2023 07:38

Nov 15 (Reuters) - Onde SA  ONDP.WA :
    * INVESTOR UAB  "ENERGIJOS ŽARA" TERMINATES TWO DEALS WITH
TOTAL
NET WORTH OF ABOUT EUR 26 MILLION
    * SAID TERMINATION EFFECTIVE AS OF NOV 24
    * SAID DEALS FOR CONSTRUCTION WORKS ON WIND FARM IN
LITHUANIA
    * MANAGEMENT IS IN PROCESS OF ANALYSING SITUATION
    * COMPANY ESTIMATES THAT IF IT WILL NOT COMPLETE DEALS IN
FULL IT
WILL NOT GAIN REVENUES FROM REMAINDER OF WORKS, AMOUNG TO TOTAL
OF ABOUT EUR 5.6 MILLION

Source text for Eikon:  ID:nEM9qHgKa 
Further company coverage:  ONDP.WA 

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