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Court rules in favour of Grupa Zywiec over Hevelius

Grupa Zywiec, will not have to pay $15 million to the Gdansk council for allegedly failing to meet its obligations in the privatization contract with Hevelius brewery signed with the city authorities in 1996. This marks the end of a long legal battle. The court of appeal in Gdansk sustained the previous ruling of the Gdansk district court which exonerated the company of all charges. Under the contract, Zywiec group members HBC and Elbrewery were to invest $15 million in Hevelius, or pay the sum to the city authorities if these terms were not met. The company, which eventually closed the Hevelius brewery, claimed it fulfilled its obligations outlined in the contract. Yesterday, company representatives expressed their will to assist the city authorities in managing the land that belonged to the former brewery. (Parkiet, p. 3) J.K.

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