Brief: Skotan may need to return 2.4 mln zlotys for hydrogen project

Onesano SA

23/02/2017 07:21

Feb 23 (Reuters) - Skotan SA  SKTP.WA : 
    * Said on Wednesday that it has received a final decision 
from Ministry of Development and Finance regarding hydrogen 
project 
    * As per the decision the company is ordered to return funds 
for the implementation of the project in the amount of 2.4 
million zlotys plus interest 
    * Since it has already paid 0.5 million zlotys, it will need 
to give back the remaining 1.9 million zlotys plus interest 
    * It can appeal the decision and will consider its further 
steps 
    * It has created a provision of 2.4 million zlotys to cover 
a possible adverse outcome in this matter 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2286270 
     
 Further company coverage:  SKTP.WA   
    
 
 
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