Brief: Wasko Says City Of Katowice Withdraws From 19.5 Mln Zloty Net Deal With Its Unit In Consortium

Wasko SA

28/11/2019 11:37

Nov 28 (Reuters) - Wasko SA  WASP.WA :
    * SAYS CITY OF KATOWICE WITHDRAWS FROM 19.5 MILLION ZLOTY
NET DEAL
WITH ITS UNIT
    * SAID DEAL WAS FOR DELIVERY, INSTALLATION AND
IMPLEMENTATION OF
IT SYSTEM
    * SAYS CONTRACTOR SAID  WORKS WERE BEING CARRIED OUT IN
FAULTY
MANNER AND THERE WAS LACK OF COMPLIANCE WITH TERMS OF AGREEMENT
    * CITY OF KATOWICE REQUESTS CONSORTIUM TO RETURN PART OF
RECEIVED
REMUNERATION OF 5.8 MILLION ZLOTYS AND TO PAY CONTRACTUAL
PENALTY OF 4.8 MILLION ZLOTYS

Source text for Eikon:  ID:nEM1991xJa 
Further company coverage:  WASP.WA 

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