A new frame agreement with GAZ-SYSTEM S.A.

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1 October 2019

A new frame agreement with GAZ-SYSTEM S.A. signed! FERRUM S.A. concluded a new frame agreement for supply of line pipes for investment projects of the Polish national gas transmission pipelines operator GAZ-SYSTEM S.A. Our company is among the suppliers who during next eight years will be allowed to participate in executive proceedings for individual projects covering a total amount of approx. 1,707 km of pipes with a total potential value of almost PLN 2.8 billion. Thanks to investments made in recent years to modernize the existing and open a new line for the production of helically welded steel pipes and the modernization of the testing laboratory FERRUM S.A. is ready for delivery of line pipes for combustible media in accordance with the highest world's technological regimes. Additional information about the contract could be found in our 33/2019 stock exchange report.