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 equipment financing, according to Famur. The company added, that it did not release the information regarding the negotiations, with Financial Supervision Authority KNF approval, as it could “infringe the company’s interests by its competitors.” Famur decided to release the information after it was leaked to the press.