Friday, September 21, 2012

Reuters: Bankruptcy News: Polimex to sign key utility deal Friday-source

Reuters: Bankruptcy News
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Polimex to sign key utility deal Friday-source
Sep 21st 2012, 07:52

WARSAW, Sept 21 | Fri Sep 21, 2012 3:52am EDT

WARSAW, Sept 21 (Reuters) - Troubled Polish builder Polimex won the nesassary guarantees and will sign a 6.3 billion zloty ($2 billion) contract to build a power block for utility Enea later on Friday, a source close to the power company told Reuters.

The deal is seen by analysts as crucial to Polimex's survival. (Reporting by Maciej Onoszko)

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