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. in reference to Report No. 35/2016 of 7 December 2016 and Report No. 10/2017 of 15 March 2017 pertaining to the petition filed by the State Treasury – the General Director of National Roads and Motorways (“Petitioner”) against Mostostal Warszawa S.A. and two other entities with a dispute value of PLN 539.96 million informs that on 4 May 2017 it was notified that the decision of the court of 15 March 2017 on dismissal of the procedure related to the withdrawal of the entire petition by the Petitioner in the above-listed case is valid, which means that the procedure initiated via the above-mentioned petition has finally ended.