The Management Board of BGS Energy Plus announces that its fully-owned subsidiary BGS Biogas a.s. on 30th May 2011 signed a contract for construction of a biogas plant of 1200 kW located in Ostaš, Czech Republic with Zemědělské družstvo OSTAŠ, Žďár nad Metují č.p. 141. The plant is scheduled to be built by Q1 2012.
The total contract value is CZK 110 000 000 (EUR 4 495 000).
BGS Energy Plus and its board members are unrelated to the principals of Zemědělské družstvo OSTAŠ, Žďár nad Metují.
Legal basis: § 3 ust.2 point 2 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange