15/2017 - Information on the conclusion of an Agreement with PKP PLK S.A.

The Management Board of Trakcja PRKiI S.A. ("the Company, "the Issuer") hereby announces that the Company have concluded today an Agreement for the design and implementation of construction works on the railway line E20 Siedlce – Terespol as part of the task "Works on the railway line E 20, section Siedlce – Terespol, STAGE III – LCS Terespol".  The net value of the contract amounts to PLN 417.5 million. The works are to be completed  within 36 month from the date of the commencement of work.

The Issuer's Management Board has decided to publish this information, as the Issuer's share in the value of the Agreement constitutes an important share in the Issuer's portfolio of contracts to be completed on the railway market, and affects the maintenance of the  Issuer's current and future revenues and results.

Legal basis:

Art. 17 MAR