Conclusion of the grant for the subsidiary KOLB sp. z o.o.

In reference to current reports 17/2010 and 25/2010 we announce that on 7 December 2010, the subsidiary Kolb sp. z o.o. concluded with the Polish Agency for Enterprise Development, represented by the Regional Financing Institution - Silesia Foundation for Development and Local Initiatives, established in Opole, a grant agreement under measure 1.4 and measure 4.1 of the Operational Programme Innovative Economy 2007-2013.
The subject of the contract is to provide the company KOLB sp z o.o. grant in the amount of PLN 3,552,375 for the project "Developing the concept of materials and innovative system design of steel structures - Adamantis"
This project is an innovative element of the expansion and modernization of the productive base of the company KOLB, increasing its market competitiveness and giving it an opportunity to develop steel construction for, inter alia, food and chemical industries.