Kopex Argentinian deal ok, roll on Brazil and Columbia

The Katowice-based company had already signed four contracts with Yacimiento Carbonifero Rio Turbio in May-time to supply machines and mining equipment with a total value of USD 30.09 million. The largest commission concerns supplies for the coal mine in Rio Turbio, and is itself worth USD 25.8 million. The main condition that had to be met before the contracts could be implemented was that permission had to be granted by the President of Argentina, which was forthcoming a few days ago. "We are also planning to take part in tenders in Brazil, Columbia and Venezuela," disclosed Rafał Rost, Kopex's president. According to Parkiet, over the next few days the company should reveal details about another contract signed in Turkey, worth about USD 10 million. After H1 this year the Kopex group recorded revenues of zł.253 million and the net profit of zł.11.2 million. (Parkiet, p. 5)