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, the Company signed a contract with the employer, RBAI JV I/S, a Joint Venture entity (composed of the following companies: Rizzani de Eccher S. p. A., NV Besix SA and Acciona Infraestructuras SA), incorporated in compliance with the Danish law; the object of the contract is delivery of 492 compressed segments for a bridge in Denmark connecting Marbæk and Tørslev Hage, as part of the main project under the name: “Design, Procurement and Construction of Roskilde Fjord Project Fjordforbindelsen Frederikssund”, where the investor is the Danish Road Directorate.  

Completion deadline for the contract: 2 November 2018.

Value of the contract: PLN 50.71 million equivalent to EUR 11.89 million.

Payment deadline: 30 calendar days from the date of invoice receipt.

Warranty period: 3 years from the acceptance of the last element of the structure. Amounts of security deposit: 20% of the contract value, in particular: PLN 5.87 million by 31 January 2019 reduced to PLN 1.93 million and valid until 30 November 2020 and additionally a performance bond in the amount of PLN 3.76 million valid until 31 May 2018.