Perma-Fix Joint Venture Receives Notice of Intent to Award European Waste Treatment Contract Valued at up to EUR 50 Million

November 29, 2023

https://www.globenewswire.com/news-release/2023/11/28/2787380/0/en/Perma-Fix-Joint-Venture-Receives-Notice-of-Intent-to-Award-European-Waste-Treatment-Contract-Valued-at-up-to-EUR-50-Million.html

ATLANTA, Nov. 28, 2023 (GLOBE NEWSWIRE) — Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the “Company”) today announced it has been notified by the European Commission (EC) of its intent to award a joint venture of which the Company and Campoverde Srl are 50/50 partners, a multi-year contract, valued at up to EUR 50 million, for the treatment of radioactive waste from the Joint Research Center (JRC) in Ispra, Italy. Finalization of this award is subject to execution of a contract by the parties and, until executed, may be withdrawn by the contracting authority.

Read more at globenewswire.com

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