EXTRACTS OF MINUTES
OF THE 25th/26.11.2018 MEETING OF THE BOARD

 

Item: Approval of the Financial Statements for the period 01.01.2018 – 30.09.2018, in compliance with the International Financial Reporting Standards.

The Board of Directors approved the Financial Statements of HEDNO S.A. for the period 01.01.2018 to 30.09.2018, which have been drawn up in compliance with the International Financial Reporting Standards and include the following:

1. Financial Statements, including:
• Income statement
• Financial position statement
• Total income statement
• Cash flow statement
• Changes in Equity Statement

2. Notes accompanying the aforementioned financial statements and being an integral part thereof.

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Item: Tender No. 507702/31.5.2018 for the supply of remotely controlled automatic circuit reclosers for overhead M.V. networks.
Evaluation of sub-files “Participation Supporting Documents - Technical Bid” for the above tender

The Board of Directors approved the evaluation of the sub-files “Participation Supporting Documents - Technical Bid” for the tender No 507702/31.5.2018 for the supply of remotely controlled automatic circuit reclosers for overhead M.V. Networks, as follows:

1. the bids of the following economic operators are evaluated as admissible:

1.1 ABB SA
1.2 JOONGWON Co., Ltd
1.3 Schneider Electric SA
1.4 Siemens S.P.A.

2. the bids of the following economic operators are evaluated as inadmissible:

2.1 Arteche North America S.A.
2.2 ShinSung Industrial Electric Co., Ltd

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Item: Tender No. 507701/28.2.2018 for the supply of load SF6 remote terminal units or vacuum ones for overhead M.V. networks.
– Final listing of admissible bids for the above tender.
– Award of provisional contractor for said procurement.

The Board of Directors approved the final listing of admissible bids and the award as provisional contractor JOONGWON Co., Ltd, for tender No.507701/28.2.2018 for the supply of load SF6 remote terminal units for a total price of EUR 9,653,839.00, plus EUR 63,250.00 for the test execution cost to be delivered to 1028 Regional Warehouse of HEDNO, in Kalistiri, transported by the contractor’s vehicle.

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Item: Approval for granting of a lump sum paid as financial aid to the families of the Company's employees that have passed away.

The Board of Directors approved the granting of a lump sum paid as financial aid to the wife and children of an employee that passes away while in employment.

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