Current Report No.: 15/2009
Date:
03.25.2009
The order of E.ON Anlagenservice GmbH to assembly the pressure part of a boiler in the Maasvlakte power plant in Holland.
The Board of Energomontaż-Południe S.A. (the Issuer, the Company) informs that on 24th March 2009 the Company received an order of E.ON Anlagenservice GmbH of the value of about €2.86 million (which after conversion acc. to the mean rate of € announced by NBP, valid on the day when the present report is submitted, corresponds to the amount of about PLN 13 million). The subject of the order is to assembly the pressure part of a boiler in the Maasvlakte Power plant in Rotterdam, Holland by the Issuer.
The preliminary time of order execution agreed upon falls on the period from the 2nd quarter of 2010 to the third quarter of 2011.
Detailed terms and conditions of the above-mentioned order shall be specified in an agreement, the signing of which shall be made public in a separate announcement made by the Company.
The Issuer acknowledges 10% of his own equity as a criterion for the recognition of the above-mentioned order as significant.
An estimated value of the entire order portfolio of the Company, considering also that the foregoing order amounts to about PLN 409.6 million (the portfolio includes export orders in the amount of €58.2 million) including that the order portfolio for 2009 is about PLN 295 million (the portfolio includes export orders made in 2009 in the amount of €30 million). The value of the portfolio was calculated on the basis of the rates of € accepted by the Issuer for order calculation. A submitted order for the time of execution falling on future years shall not influence the value of the order portfolio for 2009. The rise in the value of the portfolio for 2009 is caused by a successive gain in new, smaller orders by the Issuer which do not fulfill the criterion of a significant agreement.
SIGNATURES OF THE PERSONS REPRESENTING THE COMPANY
| Wojciech Nazarek | - President of the Management Board |
| Andrzej Hołda | - Vice President of the Management Board |
Legal grounds: Art. 56 sec. 1 point 2 of the Act of the offer – current and periodic information.
Attachment:
| The order of E.ON Anlagenservice GmbH to assembly the pressure part of a boiler in the Maasvlakte power plant in Holland. |  0,03 MB |
