Bumech signs PLN 26.3 bln deal with Bogdanka

A consortium led by Kobud, a subsidiary of WSE-listed Bumech, has inked a deal with LW Bogdanka for underground mining. The value of the contract stands at maximum PLN 26.26 billion, Bumech said. The start of the works is scheduled for January 1, 2016. Bumech has acted for years in a machinery industry, specializing in a scope of service, maintenance of operations and repair works of mining machinery and equipment. Since 2007, it has been professionally engaged in driving the underground excavations in coal mines. Since 2009, the company has been listed on the WSE.