Erbud S.A. has concluded with Powszechny Zakład Ubezpieczeń Spółka Akcyjna headquartered in Warsaw an agreement for periodic granting of contractual insurance guarantees. The maximum exposure limit is PLN 50m, provided that the exposure limit due to the repayment of advance amount shall not exceed PLN 6m.
The above said limits have been set out by 25.03.2014. An extension for another period is possible.
At present, ERBUD S.A. has credit and guarantee bank lines worth PLN 262m and insurance lines of PLN 222m, giving a total of PLN 484m.