On 19-21 November 2019 Lublin will be the venue of the 12th Lublin Fair for ENERGETICS.
The Supervisory Board of Elektrobudowa appointed Jacek Podgórski as President of the Management Board of the Company of the current - tenth - term of office, with effect from 21 October.
Elektrobudowa is continuing the talks with its creditors, aimed at making the agreements with all of its subcontractors and suppliers - regulating the methods and dates of debt payment within the shortest possible time. The round of negotiations covering nearly one third of the Company’s debt has recently been completed
The Management Board have decided to start the series F shares issue process and to withdraw from issuance of series E shares. The capital increase - through issuing series F shares - is an important element of the financial stabilisation process implemented by the Company.
In the Extraordinary General Meeting of ELEKTROBUDOWA held on 23 September the shareholders decided to increase the company share capital through issuing new ordinary shares of series F by private subscription. The EGM also voted through the changes in the composition of the Supervisory Board of Elektrobudowa.
The PLN 17.8m contract covers the design and execution works, including the delivery and installation of the MV switchgear with busduct, building of the auxiliary and DC switchgear, supply of the measuring systems, internal feeder lines, and also commissioning and start up.
Elektrobudowa presented its products and services dedicated to mining industry during the this-year edition of the International Trade Fair for Mining, Energy and Steel Industry held on 10-13 September 2019 at the International Congress Center and Spodek Arena in Katowice.
Elektrobudowa has been included in the CEEplus exchange index which portfolio includes more than 100 companies listed on Central and Eastern European exchanges in Bratislava, Bucharest, Budapest, Ljubljana, Prague, Warsaw and Zagreb.
Elektrobudowa convened the Extraordinary General Meeting to be held on 4 September which is to decide about issuance of new shares of series F addressed to professional and financial investors.
The Company has signed another agreement with the financial institutions to prolong the standstill period• The Company has signed another agreement with the financial institutions to prolong the standstill period. The series E share issue is being implemented, following the resolution of the General Meeting of 13 June 2019.
Jacek Podgórski, chairman of the Supervisory Board of ELEKTROBUDOWA, beginning with 22 July is President of the Management Board of the Company.