Locked content Budimex CEO expects ‘more difficult’ 2019

Dariusz Blocher, the CEO of WSE-listed builder Budimex said in an interview with TOK FM radio that he expects this year, to be even more difficult than the last for his business. Among the reasons are a 4 percent wage hike planned for this year, and costs of the employer-sponsored pension plan PPK. ...

Lidl’s biggest distribution center in Poland is now ready

Warsaw Stock Exchange-listed builder Budimex has recently finished construction work on the biggest distribution center of German discount retailer Lidl in Poland. The facility is located at Kałuszyn in the Mińsk Mazowiecki area in the Warsaw agglomeration and comprises approximately 58,000 sqm of u...

Budimex completes major Warsaw road

Warsaw Stock Exchange-listed construction company Budimex has finished work on the Czerniakowska-bis road in the Mokotów district of the Polish capital. Officially called Al. Polski Walczącej, the road has now been opened to traffic. Almost two-kilometer long, it runs through an area that has been a...

Locked content Budimex PLN 249.7 mln offer chosen as most favorable

The offer of Budimex for PLN 249.7 million net was chosen the most favorable in the tender offer for the construction of Wałbrzych beltway. The deadline for completion of works will be 20 months from the signing of the contract. Budimex has been listed on the Warsaw Stock Exchange since 1995. Its st...

Locked content Budimex completes hospital construction in Ząbki

Construction firm Budimex has completed the construction of a hospital in Ząbki, near Warsaw, whose main investor was the local government of the Mazowieckie Voivodship. The facility is the most cutting-edge psychiatric facility in the country. The construction lasted three years and cost PLN 104 mi...

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...