Budimex with Kielce bus station contract

Warsaw Stock Exchange-listed construction company Budimex has signed an agreement with the public transport authorities in Kielce for the remodeling, extension and modernization of the city’s bus station. The value of the contract amounts to more than PLN 68.7 million. The existing bus station, whic...

Locked content Budimex and Strabag with PLN 480 mln A1 deal

WSE-listed builder Budimex along with its partner Strabag signed a PLN 478.8 million deal with road authority GDDKiA for the A1 highway segment connecting Tuszyn and Bełchatów. Both companies have 50 percent stake in the bid. The length of this sections of the highway is roughly 16 kilometers long. ...

Locked content Budimex with PLN 128.1 mln net profit in H1

Construction firm Budimex reported H1 consolidated net profit of PLN 128.1 million compared to PLN 196.6 million y/y.  Net sales amounted to PLN 3.3 billion versus PLN 2.7 billion in H1 2017. Operating profit fell to PLN 170.12 million from PLN 249.15 million y/y. As of June 30, the net cash positio...

Locked content Budimex with PLN 394 mln contract for S61

Construction firm Budimex has signed an agreement with the General Directorate for National Roads and Motorways (GDDKiA) for the construction of a section of the S61 expressway (part of “Via Baltica”) Szczuczyn-Budzisko (north-eastern Poland) for PLN 393.73 million net. Budimex has 29 months to comp...

Locked content Budimex and Strabag with best PLN 466 mln bid for A1 highway segment

WSE-listed builder Budimex along with its partner Strabag filed the best PLN 466 million offer in a tender for the A1 highway segment connecting Kamieńsk and Radomsko. Both companies have 50 percent stake in the bid. The length of two sections of the highway covered by the tender is roughly 90 kilom...

Locked content Budimex profitability will fall in 2018-2019

Budimex estimates that maintaining operating profitability at the level of last year (9.2 percent) is impossible in 2018-2019. However, the company would like to achieve in this period better profitability compared to the market, said CEO Dariusz Blocher. “We have run out of simple methods, we...

Locked content Budimex wins contract for PLN 547 mln

The offer of PLN 546.75 million placed by Budimex for the design and construction of a section of the S61 expressway Szczuczyn-Budzisko has been selected by the General Inspectorate for National Roads and Motorways (GDDKiA). The construction is to be completed within 29 months of signing the agreeme...

Locked content Budimex offer in consortium chosen most favorable

The offer of Budimex and Strabag consortium with a value of PLN 389.3 million was selected by the General Directorate for National Roads and Motorways (GDDKiA) most favorable for the construction of the A1 motorway section – said Budimex in a statement. Budimex is the leader of the consortium ...