Announcement.

ENTREPRENEUR OF MODERNIZATION OF POWER EQUIPMENT REMAK SA (27/2018) Letter of Budimex S.A., Tecnicas Reunidas S.A. - Turów civil partnership referring to the withdrawal from the Agreement

In reference to Current Report No. 19/2018, the Management Board of REMAK S.A. ("Company") informs that today he read the letter with the settlement proposal, in which Budimex S.A., Tecnicas Reunidas S.A. - Turów spółka cywilna ("Budimex"), on the basis of the inventory, determined unilaterally the liability towards REMAK SA for the works performed up to the PLN 6.2 million withdrawal date and submitted a claim against REMAK SA in the amount of PLN 7.0 million.
The Management Board of the Company analyzes the letter and will inform about further steps in a separate report.
The event was considered significant due to its value and importance for the Company.

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Company information
Company name:Przedsiębiorstwo Modernizacji Urządzeń Energetycznych REMAK SA
ISIN:PLREMAK00016
NIP:754-00-13-369
Adress: ul. Chłodna 51 00-867 Warszawa
Phone:+48 77 4487210
website:www.remak.com.pl

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