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Norway
REC Receives NOK 220 Million for Long-term Wafer Sales ContractReference is made to the third quarter 2011 report, where REC is expecting to continue to recognize income from termination of long-term wafer sales contracts.In the period 2006–2008, REC entered into a number of long term wafer sales contracts. REC has now accepted to terminate one of these contracts and will receive a cash compensation of approximately NOK 220 million in the first quarter 2012 (1/2012).
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