The Management Board of Mostostal Warszawa S.A. informs that today the company signed with Medical Investment Trust Sp. z o.o., a contract for “the execution of works under the general contractor for the investment involving the construction of the hotel building with apartments at the intersection of Mestwina and Międzymorze in Jurata with an underground garage with land development and technical infrastructure on the plot with registration number 326 of 0003 precincts Jastarnia".

The parties agreed the deadline for the completion of contract till 6 February 2018. 
The value of the contract amounts to PLN 14.50 million net.

Payment deadline: 30 days from the date of filing the invoice.

Guarantee periods: 60 months for the quality guarantee and guarantee for physical defects in the object of the contract.

The security for the proper performance of subject of the Agreement and claims arising from it is unconditional insurance performance guarantee of 10% of net salary. In the guarantee and warranty period the Contractor shall provide an unconditional and payable on each request bank or insurance guarantee removal of faults and defects after the final acceptance of the subject of the Agreement in the amount of 5% of the net salary.

The Management Board of Mostostal Warszawa S.A. (“Company”) informs that yesterday Company entered into an agreement with HENNIGER INVESTMENT S.A. on general contracting of construction works within the framework of the development under the name of “Construction of multifamily residential building with underground garage and associated infrastructure at ul. Katowicka in Cracow”, stage 2.2. of the development of housing estate “Live in the City” (“Mieszkaj w Mieście”).

Date of completion of the subject matter: 5^th November 2018.

Contract value: 34.86 million zlotys net.

Payment date: 7 days from the date of delivery of an invoice together with any required documents.

Warranty periods: 6-year warranty for carrying out of works comprised by the agreement and installed equipment, except for: building structure, roof impermeability, insulation of underground garage, including flat roof above the garage, for which elements the warranty period amounts to ten years.

Security for proper performance of the agreement: deposit or bank guarantee for proper performance to the amount equivalent to 10% of net compensation.