Locked content Famur secures deal to supply equipment to China

Famur signed a conditional agreement to supply Mikrus class equipment for underground mining of low-coal seams, the company said. The estimated value of the contract is about €16.6 million. The final amount, however, will depend on the scope of deliveries finally agreed by the parties, Famur specifi...

Locked content Famur plans dividend of 50-100% net profit in 2019-2023

Mining machinery producer Famur plans to distribute 50-100 percent of net profit for dividend payment, the company said in its strategy for 2019-2023. On average, in five years term, Famur plans to pay 75 percent of net profit as dividend. The company also announced that it wants to enter hard rock ...

Locked content Famur to pay out PLN 253 mln in dividend

Mining machinery producer Famur will pay out PLN 252.9 million in dividend from the 2017 profit and from profit recorded in previous years. The dividend will amount to PLN 0.44 per share. The payout will include PLN 41.1 million of net profit from 2017, and PLN 211.8 million from previous years. The...

Locked content Famur gets UOKiK approval to set up SPV with PFR

WSE-listed mining machinery producer Famur got the approval from the antitrust watchdog UOKiK, regarding setting up a Mining Equipment Finance SPV with state-run Polish Development Fund PFR. Back in November, both sides signed a deal, according to which they will put PLN 150 million each into the co...

Locked content Famur owes PLN 48.9 mln plus interest in back taxes

WSE-listed mining equipment producer Famur will have to return PLN 48.9 million in VAT from October 2013, plus interests. According to tax authorities, one of Famur’s units incorrectly calculated the VAT due in relation to a transfer of assets in a capitalization deal, the company said in a market f...

Locked content Famur inks PLN 300 mln deal with PFR

WSE-listed mining machinery producer Famur signed a deal with state-run Polish Development Fund PFR regarding setting up a Mining Equipment Finance SPV. Both sides plan to put PLN 150 million each into the company which will be leasing mining machines. The deal will run through 2019 and is pending a...

Locked content Famur in talks with PFR on joint investment

WSE-listed mining equipment producer Famur has been in talks since August with state-run Polish Development Fund PFR regarding a potential investment in a mining equipment leasing SPV, the company said in a market filing. The project concerns “innovative and groundbreaking” solutions for mining equi...

Locked content Famur with PLN 62 mln deal with PG Silesia

WSE-listed mining machinery producer Famur signed a PLN 62.6 million contract with coal miner PG Silesia for the delivery of a long-wall system, Famur said in a market filing. The system is to be completed by end-Q2 2018. “This is the third long-wall complex for the PG Silesia delivered by Famur in ...

Locked content Famur with €19 mln deal in Kazakhstan

WSE-listed mining machinery producer signed a €19 million contract to supply a longwall complex in Tenteksaya mine in Kazakhstan, owned by JSC ArcelorMittal Temirtau, the company said in a market filing. According to the statement, this is Famur’s another contract with the company. The estimated com...