Brief: Rafako Signs Annex to Deal With JSW KOKS

Rafako SA w upadlosci

14/01/2022 07:15

Jan 14 (Reuters) - Rafako  RFK.WA :
    * SAID ON THURSDAY THAT IT HAS SIGNED ANNEX TO DEAL WITH JSW
KOKS
    * ANNEX WILL DIVIDE SETTLEMENT STAGES IN SMALLER PARTS,
WITHOUT
AFFECTING BINDING AGREEMENT IMPLEMENTATION SCHEDULE AND DOES NOT
CHANGE DEADLINES FOR IMPLEMENTATION OF INDIVIDUAL WORKS THAT
MAKE UP SETTLEMENT STAGES
    * UNDER ANNEX, RAFAKO HAS COMMITTED TO SIGNING DEALS WITH
SUBCONTRACTORS(IN LINE WITH CRITERIA SPECIFIED IN ANNEX)
    * ANNEX ALSO COMMITS RAFAKO TO TAKE ACTIONS AIMED AT
ACCELERATING
IMPLEMENTATION OF SPECIFIC WORKS AS PART OF IMPLEMENTATION OF
INVESTMENT TASK, INCLUDING INCREASING NUMBER OF FRONTS AVAILABLE
FOR IMPLEMENTATION, AS WELL AS NUMBER OF RAFAKO'S ENGAGED
EMPLOYEES SUBCONTRACTORS AND FURTHER SUBCONTRACTORS
    * RAFAKO WILL ALSO BEGIN REALISATION OF POSSIBLE WORKS IN 
SCOPE
OF DEVELOPMENT OF PROJECTS AND DOCUMENTS THAT ARE NECESSARY FOR
ACTUAL IMPLEMENTATION OF EXTENSIONS OR CHANGES IN IMPLEMENTED
INVESTMENT TASK WITHIN SCOPE SPECIFIED IN ANNEX
    * COMPANY SAYS ANNEX DOES NOT SETTLE EXISTING DISPUTES AND
DOES
NOT END MEDIATION PROCESS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM63qhKZa
 Further company coverage:  RFK.WA   JSW.WA 

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