Kontrolmatik Says It Is Suspended From World Bank Group Financed Projects For 12 Months Under Settlement Agreement

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KONTROLMATİK TEKNOLOJİ ENERJİ VE MÜHENDİSLİK BIST:KONTR:IT REACHES SETTLEMENT WITH PARTIES AFTER WORLD BANK GROUP REVIEW OF PAST TENDER PROCESS FOR EMERGENCY DEVELOPMENT PROJECT IN THE REPUBLIC OF IRAQ UNDER SETTLEMENT, KONTROLMATIK'S PARTICIPATION IN WORLD BANK GROUP FINANCED PROJECTS IS SUSPENDED FOR 12 MONTHSAFTER SUSPENSION PERIOD, COMPANY AND SUBSIDIARIES WILL BE ELIGIBLE WITH 12 MONTH CONDITIONAL PARTICIPATION PERIOD Source text for Workspace: Further company coverage:

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