Rail

Conclusion od major contract - Kutno Local Traffic Control Centre (LCS) – the Żychlin-Barłogi sectio

ZUE S.A. inform about a contract entered into on 5 April 2017 between the consortium of: ZUE S.A. (Leader); Budimex S.A.; Strabag sp. z.o.o.; Strabag Rail GmbH; Strabag Rail a.s. and Strabag Általános Építő Kft. (Consortium) and PKP Polskie Linie Kolejowe S.A. (PKP PLK) for the completion of construction works in the area of the Kutno Local Traffic Control Centre (LCS) – the Żychlin-Barłogi section in connection with the following project: “Works on the railway line E20 of the Warszawa-Poznań section – other works, the Sochaczew-Swarzędz section” executed as part of the Connecting Europe Facility (CEF) EU financial instrument (the “Contract”).

The Contract net value including the contingent sum: PLN 560.0m. The expected net remuneration attributable to the Company at the Contract date: approx. PLN 233m.

The Contract gross value: PLN 688.8m.

The Contract completion date is 42 months of the works commencement date.

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