Mostostal Warszawa with more contractual security resources
Mostostal Warszawa and KUKE SA concluded an annex to the contract regarding insurance contract guarantees. The annex raises the revolving limit available to Mostostal to the total amount of PLN 20 million and abolishes the maximum value of a single guarantee issued within the limit.
- The signed annex is the result of the commitment of my team of the Financial Direction, and will enable our company to have more resources in the field of issuing contractual securities under the contracts. This enables greater diversification, covering the increased demand of Mostostal Warszawa for contractual security due to the fulfillment of the order portfolio by the Company, and also emphasizes the trust of the financial sector in Mostostal Warszawa as a stable partner - says Carlos Resino Ruiz, Member of the Management Board for Finances of Mostostal Warszawa.
KUKE SA has been insuring the commercial transactions of Polish entrepreneurs for nearly 30 years, offering services that ensure safe trade both at home and abroad. KUKE's activities focus on insuring receivables from the sale of goods and services with deferred payment terms. The company offers products with guarantees from the State Treasury and insures long-term export investment projects.