Report No.28_Decision of the Arbitration Court at the National Chamber of Commerce in Warsaw

The Management Board of Mostostal Warszawa S.A. (“Company”) informs that yesterday, the Company received the decision of the Arbitration Court at the National Chamber of Commerce in Warsaw of 31 May 2017 issued in case SA 383/10 lodged by Mostostal Warszawa S.A., Acciona Construcción S.A., Marek Izmajłowicz – IWA and Wrocławskie Przedsiębiorstwo Budownictwa Przemysłowego nr 2 Wrobis S.A. against Wrocław Municipality. The object of the case were the claims of Mostostal Warszawa S.A. and other consortium members with respect to the construction of the National Forum of Music in Warsaw against Wrocław Municipality in the total amount of PLN 56.55 million. The Arbitration Court adjudged the amount of PLN 13.44 jointly and severally for the Petitioners from Wrocław Municipality, including interest and costs of the proceedings. 

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