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€6.6 million compensation for the damages to its factory | TheGreekDeal.com
Biokarpet
€6.6 million compensation for the damages to its factory
Biokarpet stated today that negotiations with insurance companies regarding the damage suffered by the subsidiary company Exalco S.A.'s factory in Koulouri, Larissa, from the storm Daniel, have been concluded.
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Biokarpet

Biokarpet announced today that the total compensation for the storm Daniel damages to its subsidiary, Exlaco's, factory in Koulouri, Larissa, has reached €6,600,000. 

Biokarpet, following its announcement on September 25, 2023, stated today that negotiations with insurance companies regarding the damage suffered by the subsidiary company Exalco S.A.'s factory in Koulouri, Larissa, from the storm Daniel, have been concluded.

The total amount of compensation is €6,600,000. There is no additional damage that would have a significant impact on the company's financial results.

The total compensation amount is expected to be disbursed by year's end.

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