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Lubelski Węgiel
Lubelski Węgiel Bogdanka S.A.

Bogdanka signed an annex with EDF Paliwa

Thursday, 2014-04-03

At the end of March 2014, Lubelski Węgiel Bogdanka S.A. signed an annex to the Long-Term Agreement for the Sale of Power Coal of 19 July 2011, concluded with EDF Paliwa Sp. z o.o. (formerly Energokrak Sp. z o.o.).

The signing of the document means to LW Bogdanka an extension of the planned cooperation. Originally supplies were scheduled until the end of 2016, while as a result of concluding the Annex, it extended to the end of 2017. In addition the parties to the agreement specified the terms and conditions of supplies between 2014 and 2017 (including the quantities and rules for setting supply prices) and established the supply price for the first half of 2015.

As a consequence of these changes, the value of the Agreement increased by 22.1 %. Other conditions of the agreement remain unchanged and do not deviate from market standards for such agreements.

The criterion for deeming the Agreement significant is that it exceeds 10% of the value of the Company’s equity and information about signed the Annex has been given by the Company in a current report to be found here.

Today is:
14 of August 2022
Name day of:
Alfreda, Maksymiliana, Selmy
© LW „Bogdanka” S.A. - 2022
Realization: Data Flow sp. z o.o.