21.09.2010
Signing of significant contract with entities from the ArcelorMittal Group
On 21 September 2010 the Board of Stalprofil SA was informed on finalizing (signing by the other parties) trade agreement between Stalprofil SA and ArcelorMittal Commercial Sections SA in Luxembourg, ArcelorMittal Ostrava AS in Ostrava, ArcelorMittal Poland SA in Dabrowa Gornicza and ArcelorMittal Warszawa sp z o.o. in Warsaw.
This Agreement sets out general conditions of trade cooperation, aiming to intensify sales of ArcelorMittal SA long steel products in 2010 through Stalprofil SA.
According to estimates of the Company throughout 2010 on the basis of that agreement Stalprofil SA will purchase steel products from those of the ArcelorMittal group of the gross value of approximately 217 million PLN (net of approximately 178 million PLN).
Deliveries of steel products manufactured by ArcelorMittal are implemented on the basis of orders made monthly by the issuer.
This agreement covers the contract period from 1 January 2010 to 31 December 2010.
The issuer considers the agreement to be significant because its value exceeds 10% of the Company\'s equity.
Terms of the contract do not differ significantly from those applicable to such contracts.
This Agreement sets out general conditions of trade cooperation, aiming to intensify sales of ArcelorMittal SA long steel products in 2010 through Stalprofil SA.
According to estimates of the Company throughout 2010 on the basis of that agreement Stalprofil SA will purchase steel products from those of the ArcelorMittal group of the gross value of approximately 217 million PLN (net of approximately 178 million PLN).
Deliveries of steel products manufactured by ArcelorMittal are implemented on the basis of orders made monthly by the issuer.
This agreement covers the contract period from 1 January 2010 to 31 December 2010.
The issuer considers the agreement to be significant because its value exceeds 10% of the Company\'s equity.
Terms of the contract do not differ significantly from those applicable to such contracts.