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IBC Interbuild sues TP for USD 40 million in property row

The operator has currently lost a legal row with PIA Piasecki; was also sued by IBC Interbuild, another company involved in building the TP office in Warsaw. IBC Interbuild accuse TP of breaching the terms of their contract by choosing a different company that would maintain and service the building. "The contract states that should the contract be infringed by either side, the harmed party can receive compensation amounting to half of the value of the contract. "This is exactly what we want," said Andrzej Błażewicz, head of IBC Interbuild. The liabilities of TP towards IBC Interbuild grow daily by USD 30,000 and together with interest, they now top USD 40 million. In response, TP has sued IBC Interbuild, demanding zł.3 million in compensation as it had to rent an office while building delays occurred. One good bit of news TP had last week was that it seems to have won the tender conducted by the Public Orders Office (UZP) to develop an IT system for the Justice Ministry. TP is the only company that remained in the tender after three others were dismissed. (Puls Biznesu, p. 9) D.W.

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