Kopex, Famur with PLN 227.7 mln deal with Tauron

A joint venture of WSE-listed mining equipment producers Kopex and Famur signed a PLN 227.7 million deal with state-owned Tauron power utility for construction of the Grzegorz mining shaft, company's informed in a market filing. Kopex, the consortium's leader, will receive PLN 172.9 million, while Famur will get the remaining amount. Works should be completed within 60 months after the launch. The initial tender, also won by the Kopex-Famur consortium, was canceled in January by Tauron who was said to evaluate the offers once again.