Raport bieżący nr 6/2011
The Board of Directors of WESTA ISIC S.A. (the "Company") hereby informs that the Company has started construction of VRLA battery manufacturing facility, in line with previously announced plans. To implement the project the Company, through its subsidiary, has signed a contract with EU-based equipment supplier for the total amount of USD 20.4 million and made a USD 10 million prepayment. Full payment is scheduled to be completed within the next 6 months. The new facility is set to be commissioned in 2012.
Legal grounds: § 56.1 in connection with 56.6 of the Act on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies dated July 29th 2005
Oksana Mazurkevych - Chief of the IR Department