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Concluding of the meaning agreement by PROCHEM S.A.


Concluding of the meaning agreement by PROCHEM S.A.

Date of publication: 04.06.2012

On 4 June 2012, the company PROCHEM S.A. received a signed contract with Inowrocławskie Kopalnie Soli „SOLINO” Spółka Akcyjna (Inowrocław Salt Mines) with registered office in Inowrocław. The contract covers the design and general contracting for investment project under the name „Technological infrastructure for new wells for Salt Mine and PMRiP Góra”.

The contract value – 21 625 860 PLN (GROSS)

Time limit of completion – September 2013

The agreement contains provisions concerning penalties, its value is limited to 60% of net payment.

The agreement was considered significant because the value of the agreement exceeds 10% of the Issuer’s equity.

The agreement was considered significant because the value of the contract exceeds 10% of the equity of the issuer.