Mostostal Warszawa S A : Statement of Mostostal Warszawa S.A. in connection with a request for payment of contractual penalties and damages under the Jaworzno III Contract
January 12, 2023 at 01:30 pm IST
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In connection with the Current Report No. 2/2023 of TAURON Polska Energia S.A. published on January 11, 2023 informing that TAURON Wytwarzanie S.A. (a subsidiary of TAURON Polska Energia S.A., hereinafter: the Ordering Party), on January 11th 2023, decided to send to the consortium members: RAFAKO S.A. and Mostostal Warszawa S.A. and subcontractors E003B7 sp. z o.o. (a subsidiary of RAFAKO S.A.) a request for the payment of contractual penalties and damages (hereinafter: Summons), resulting from the execution of the of the Contract for the construction of new capacities in coal technologies at TAURON Wytwarzanie S.A. - Construction of a power unit with a capacity of 910 MW for supercritical parameters at Jaworzno III Power Plant - Power Plant II - in the scope of: steam boiler, turbine set, main building, electrical part and control and measurement equipment, concluded on April 17, 2014 (hereinafter: the Contract) Mostostal Warszawa A.S. (hereinafter: Mostostal) indicates the following circumstances:
Mostostal has not received the correspondence referred to in the Current Report indicated above up to the date of publication of this communication.
Mostostal is a passive member of the Consortium that performed the Contract, and the leader of this Consortium and the actual contractor of the works was and still is exclusively Rafako S.A. Mostostal's share in the Consortium is formally 0.01%. Mostostal did not perform any works, did not provide any services or deliveries.
Due to the fact that Mostostal was a passive member of the Consortium, it has no knowledge related to the circumstances and reasons for issuing a note for the amount of penalties and damages indicated in the Current Report. Rafako S.A. is the only party entitled to provide explanations regarding these circumstances.
Rafako S.A. is obliged, in accordance with the consortium agreement concluded in 2014 (before the commencement of design works), to release Mostostal Warszawa S.A. from any obligations related to non-performance or improper performance of the Contract by Rafako S.A.
Mostostal Warszawa SA published this content on 11 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2023 07:59:01 UTC.
Mostostal Warszawa SA is a Poland-based company active in the construction sector. It operates through six divisions: General Construction, which focuses on the construction of housing estates, offices and public utility buildings; Industrial Construction, specializing in petrochemical, chemical, power and cement industrial projects; Civil Engineering, active in the construction of roads, bridges, underground structures and other facilities for the municipal metro system; Road Construction, involved in rehabilitation, modernization and construction of roads, elements of municipal communication infrastructure and railway lines; Environmental Engineering, engaged in the construction of environment protection; Other Services, offering engineering services, design services, courses for welders, renting transport units and construction equipment and machines. The Company is a subsidiary of Acciona Infraestructuras SA.
Mostostal Warszawa S A : Statement of Mostostal Warszawa S.A. in connection with a request for payment of contractual penalties and damages under the Jaworzno III Contract