Brief: Torpol Consortium Signs Settlement Regarding Lodz Fabryczna Project
28/10/2026 06:59
BRIEF-Torpol Consortium Signs Settlement Regarding Lodz Fabryczna Project Oct 28 (Reuters) - Torpol SA TOR.WA:
SAID ON TUESDAY COMPANY, WEBUILD, INTERCOR AND PRZEDSIĘBIORSTWEM BUDOWY DRÓG I MOSTÓW (CONSORTIUM) HAVE SIGNED COURT SETTLEMENT WITH PKP PLK, CITY OF LODZ AND PKP REGARDING LODZ FABRYCZNA PROJECT
UNDER SETTLEMENT CONSORTIUM TO RECEIVE ABOUT 71.4 MLN ZLOTYS GROSS
COMPANY'S SHARE OF REVENUE FROM SETTLEMENT IS 40%
SETTLEMENT IS SUBJECT TO APPROVAL BY DISTRICT COURT IN LODZ
REVENUE FROM THE SETTLEMENT TO HAVE A POSITIVE IMPACT ON COMPANY'S GROSS PROFIT AND WILL BE RECOGNISED IN H2 2026
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