Hard Felguera studies "legal actions" Against Romgaz for a 2023 contract

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By TP

Hard Felguera announced Thursday that Study «Legal Actions» against Romgaz for a 2023 contract For the construction of a combined cycle power plant in Iernut, Romania, according to the information sent to the National Securities Market Commission (CNMV). The company ensures that «it has fulfilled the contract strictly, even beyond the provisions of it, as a consequence of the modifications that Romgaz has been introducing and the difficulties that have appeared During its execution for causes attributable to Romgaz (among others, the impossibility of executing work in areas that depended exclusively on romgaz efforts), with the consequent delay in the deadlines. » He has submitted numerous claims against Romgazthat, however, they have never been treated and reiterate. The company, given the serious situation of the contract, has maintained negotiations with Romgaz and all the actors involved in favor of their satisfactory execution, for which it has offered its maximum collaboration, different alternatives and shown its willingness to adapt the contract to reality, «he says. At the present time, Felguera Hard Felguera explains, Felguera, Felguera, Negotiations were maintained for this purpose.
«Nevertheless, Romgaz has decided, unilaterally and by surprise, end the negotiations Ongoing the resolution of the contract, under the argument of breach by society, an imputation that is rejected by society, «he concludes. Given this situation, he assures that» it is Analyzing legal actions that correspond to the defense of your right, which will exercise due and legally as soon as possible. «

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