Concluding of the meaning agreement by PROCHEM S.A.
Date of publication: 05.01.2011
On 5th of January 2011 company PROCHEM S.A. received the declaration from Goodrich Aerospace Poland Sp. z o.o. about the entry into force of the agreement for performing the functions of the investment project’s general contractor for project „ Construction of a Goodrich Aerospace Poland production unit in Tajęcin”.
Formula of remuneration for Management Contracting includes margin and the costs of implementation of the subject of this contract, so remuneration of PROCHEM S.A. it will be possible to determine after final settlement of the costs incurred.
The Issuer expects that it will exceed 10% values of equity, and therefore the agreement was regarded as meaning.
Date of completion – 31 October 2011.
Contractual penalties are limited as for the ceiling to amount of 810 thousand of PLN.
Claims for damages are limited as for the ceiling to the amount of 5 million of PLN.