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Current reports

Conclusion of executive contracts within the Consortium for an amount of approximately PLN 60 million, with an option to increase to approximately PLN 66 million

Nr 4/2023
Date and time: 2023/02/03, 11:27
Category: Concluded contracts

With reference to current reports no. 23/2022 and 38/2022, the Executive Board of Apator SA announces the conclusion of two executive contracts concerning the proceedings for "Supply of static remote reading meters with PLC communication module in "OSGP" standard together with installation service, storage and cleanup works in the area of Smart City Wrocław in TAURON Dystrybucja SA Branch in Wrocław", ie:

  • Executive contract between GRIFFIN GROUP SA ENERGY Sp. k. and Apator SA for the supply of static 1- and 3-phase remote reading meters with PLC communication module in "OSGP" standard;
  • Executive contract between the Consortium composed of FAP Pafal S.A. (a company of the Apator Group) and "Energo-Moc" Wzorcownia Sp. z o.o., and GRIFFIN GROUP SA ENERGY Sp. k. for the service of installation and storage of electricity meters being the subject of the above-mentioned proceedings.

The total value of the contract for companies in the Apator Group will be about PLN 60 million, with the possibility of increasing to about PLN 66 million in the event that TD exercises its option right.

The executory contracts will be implemented from the 1st quarter of 2023 to the 3rd quarter of 2025. Under the provisions of the executed executory contracts, the Parties have the right to charge contractual penalties at market terms.

Legal basis:

Article 17(1) MAR - confidential information


Contact for institutional investors and analysts

cc group - Katarzyna Mucha

Mobile +48 697 613 712

Management and Promotions Director of Apator Group

Jolanta Dombrowska

Mobile +48 56 61 91 228


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