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BIOFARM S.A. - BIO

Disputes in which the company is involved

Release Date: 7/29/2022 4:15:15 PM

IRIS Code: BB9F9

Translation from Romanian

Biofarm output number: 318/29.07.2022

CURRENT REPORT

according to the F.S.A. Regulation No. 5/2018

Date of the report: 29.07.2022

Name of the Commercial company: BIOFARM S.A.

Registered office: Bucharest, str. Logofatul Tautu, nr. 99, sector 3

Telephone No.: 021/301.06.87

Fax No.: 021/316.52.48

Website: www.biofarm.ro

Unique registration code: RO 341563

Order No. with the Trade Register: J40/199/1991

Fully paid-up share capital: lei 98,537,535

Market on which company securities are traded – Bucharest Stock Exchange, BIO symbol

             

Important events to report:

Disputes in which the company is involved

The Board of Directors of BIOFARM S.A. informs the shareholders regarding the disputes below with hearings in July 2022:

 

 

FILE NO.

PARTIES

COURT

STAGE

OBJECT

REMARKS

CURRENT TRIAL DATE

 

NEXT TRIAL DATE

1

9756/3/2019

(ex 47535/3/2017)

 

 

 

 

 

 

 

 

 

 

 

 

 

Romvent Engineering - Appellant

 

Biofarm – Respondent

 

 

 

 

 

 

 

 

 

 

Court of Law of Bucharest Municipality

 

 

 

 

 

 

 

 

 

 

 

 

Appeal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Action to ascertain (termination of contracts)

 

 

 

 


 

 

 

 

 

 

 

The dispute concerns the ascertain of the termination of some contracts concluded between the Claimant and Biofarm S.A., ordering Biofarm S.A. to pay the amount of 196.153,22 Euro (plus penalties of 0.15% per day until full payment) and the registration of mortgage tier I on the Biofarm’s facility in Bucharest, Gura Badicului Street no. 202-232.

Solved on the merits in favor of Biofarm S.A.

 

At the trial date of 14.07.2022, the court admitted the appeal. It changed, in part, the challenged ruling, namely it granted, in part, the motion.

It ascertains the abusive termination of contracts no. 320/17.12.2014 and 342/03.12.2015. It obliges the defendant to reimburse the plaintiff the sum of 65,148.40 Euros without VAT, the counter value of the goods delivered and the services provided until the termination of the contracts, as well as to pay late penalties of 0.15% for each day of delay related to the previously mentioned amount, calculated from the date of 18.12.2017 and until the date of the full payment. Maintains the rejection of the other claims made by the plaintiff. Takes note that the appellant separately requested court charges. Rejected the respondent's request to compel the appellant to pay court charges as unfounded. With right to appeal within 30 days from its communication.

    -

 

B.D. CHAIRMAN                  

HREBENCIUC Andrei 

 



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