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#Current report 16/2011

Current report 16/2011

 

Subject:

Signing a contractwith PARP for financingthe investment under the Action  1.4-4.1 of Operational Programme Innovative Economy

 

Legal basis:

Article 56 section 1 point 1 of the Act on Public Offering – confidential information

 

Contents of the report:

Referring to the Current report 6/2011 of March 3, 2011, the Management Board of POL-MOT Warfama SA announces that on June 14, 2011 the Company has signed with the Polish Agency for Enterprise Development, based in Warsaw (the institution implementing the Program) contract for funding from the European Union under the 1.4-4.1 Operational Programme Innovative Economy 2007-2013, Project "Development and implementation of an innovative line of management the post-harvest residues of corn ". The amount granted for the Company will not exceed 324 575 PLN.

Terms and Conditions do not differ from the standard, generally accepted by such agreements. Estimated time of completion of the project will take place on October 31, 2012.