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Polimex Says Annex Signed To In-Consortium Contract For Mfw Baltica-2 Increasing Remuneration By EUR 14.5 Mln Net

By Reuters News

Oct 27 (Reuters) - Polimex Mostostal SA PXMP.WA:

  • ANNEX SIGNED TO IN-CONSORTIUM CONTRACT FOR MFW BALTICA-2 LAND CONNECTION AND CABLING INCREASING REMUNERATION BY EUR 14.5 MILLION NET

  • CONTRACT COMPLETION DEADLINE EXTENDED TO MARCH 15, 2028

  • ANNEX INTRODUCES SUCCESS FEE UP TO EUR 10 MILLION NET, COMPANY'S SHARE IN SUCCESS FEE IS UP TO EUR 3.60 MILLION NET

  • POLIMEX-MOSTOSTAL SHARE IN ADDITIONAL REMUNERATION IS AROUND EUR 3.40 MILLION NET

Further company coverage: PXMP.WA

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