Edition:
United States

Polimex Mostostal Reaches Settlement With Europa Centralna


Friday, 29 Dec 2017 09:06am EST 

Dec 29 (Reuters) - POLIMEX MOSTOSTAL ::REACHES A SETTLEMENT WITH EUROPA CENTRALNA SP. Z O.O. (EUROPA CENTRALNA) REGARDING A CONTRACT FROM NOV. 10, 2011, FOR CONSTRUCTION WORKS IN GLIWICE.UNDER THE SETTLEMENT AGREEMENT, EUROPA CENTRALNA WILL PAY POLIMEX MOSTOSTAL EUR 3 MILLION AND IT WILL KEEP 25.9 MILLION ZLOTYS RECEIVED FROM BANK BGZ FROM THE CONTRACT PERFORMANCE BANK GUARANTEE. 

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