Rafako will receive PLN 15.43 mln under a settlement with Mostostal Warszawa

Rafako signed a settlement agreement with Mostostal Warszawa, under which the claims of companies related to the contract for the design, supply, and assembly of the equipment for two waste disposal plant lines in Szczecin from 2016 were finally resolved, Rafako said. Mostostal Warszawa will pay Rafako PLN 15.43 million. The settlement will have a positive impact on Rafako's balance sheet in the amount of PLN 13.13 million.

Rafako is a manufacturer of boilers and environmental protection devices for the power industry. In 2021, Rafako's consolidated revenue reached PLN 537 million.