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Aktueller Bericht Nr. 89 / 2011

Datum: 10. November 2011

Judgement on the claim of Budimex SA against GDDKiA - construction of the Augustów bypass

With reference to current reports No. 4/2009 of 14 January 2009, No. 9/2009 of 26 January 2009 and No. 52/2009 of 8 July 2009, the Management Board of Budimex SA announces that on 10 November 2011 the District Court in Warsaw, as the court of first instance, pronounced its judgement on the claim of Budimex SA against the General Directorate for National Roads and Motorways (GDDKiA), the Bialystok Branch, regarding construction of the Augustów bypass along  national road No. 8 (the state border - Wroclaw - Bialystok - Suwałki - the state border) for the payment of the contractual penalty, according to which Budimex SA is to be awarded the amount of PLN 21,948,408 (constituting half of the amount in dispute) with interest at the statutory rate as calculated from 28 February 2009, dismissing the claim as to the amount of PLN 21,948,408.
A decision on a possible appeal, to the extent to which the dismissal of the claim has been made, shall be made after receiving the reasoning for the above mentioned judgement.

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