Locked content GDDKiA chooses Budimex for S19 expressway section

WSE-listed Budimex offer for the construction of a section of the S19 expressway (Nisko Południe-Sokołów Małopolski Północ) was chosen as the most favorable by the General Directorate for National Roads and Motorways (GDDKiA). The value of the offer is PLN 232.85 million net, the company said. Budim...

Locked content Budimex Q3 profit drops

WSE-listed construction firm Budimex reported a Q3 consolidated net profit of PLN 102.6 million compared to PLN 142.4 million a year earlier. Revenues amounted to PLN 2.08 billion versus PLN 1.83 billion last year. Operating profit fell to PLN 141.59 million from PLN 177.14 million y/y. In Q1-Q3 201...

Locked content Budimex to employ 1,100 people by end of next year 

Budimex wants to employ over 1,100 employees by the end of 2019, the company has announced in a press release. The group intends to pay financial rewards for successful referrals to fill the vacancies. “Anyone, regardless of their place of work, who successfully refers an employee for the posi...

Cornerstone laid for Polish History Museum building

The Ministry of Culture and National Heritage and general contractor Budimex have held a cornerstone-laying ceremony at the construction site of the new Polish History Museum building that is being built in the Żoliborz district of Warsaw. The event was attended by government representatives includi...

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...