Locked content Budimex 2017 profit up

WSE-listed builder Budimex posted PLN 127.4 million attributable net profit in Q4, down by 19.8 percent year-on-year, the company said in a market filing with preliminary results. The revenue amounted to PLN 1.8 billion, up by 25 percent y/y. Operating profit was down by 17.4 percent at PLN 162 mill...

Locked content Budimex with PLN 126 mln deal with Dom Development

WSE-listed builder Budimex signed a PLN 125.9 million net deal with listed real estate developer Dom Development for building the second phase of residential project Marina Mokotow II in Warsaw, the companies said in market filings. The construction will be launched at end-August this year and will ...

Budimex appointed as Monopolis project contractor in Łódź

Developer Virako has selected builder Budimex as the general contractor of the first phase of its planned Monopolis mixed-use project in downtown Łódź, which will involve the revitalization and redevelopment of a historic post-industrial site that previously housed a vodka distillery. Construction w...

Locked content Budimex wins PLN 484 mln tender for S61 road

WSE-listed construction firm Budimex won a PLN 484.3 million net tender for building a section of S61 expressway, General Director for National Roads and Motorways GDDKiA announced. Budimex will build a 20 kilometer-long section of the road connecting Wysokie with Raczki in the Warmińsko-Mazurskie v...

Locked content Budimex signs PLN 396 mln deals for S3 expressway

WSE-listed construction firm Budimex signed two deals with the General Director for National Roads and Motorways GDDKiA for building two sections of the S3 expressway, the company said in a market filings. The first deal concerns the Brzozowo-Miękowo section of the road and is worth PLN 293.1 millio...

Locked content Budimex wins PLN 735 mln deal for dry retention pond construction

WSE-listed builder Budimex won the tender for completion of construction of a dry retention pond in Racibórz Dolny. The winning bid was PLN 734.9 million net. The winning consortium, in which Budimex holds 95 percent, will have 740 days to complete the project, which will be launched within 180 days...

Locked content Budimex with a PLN 117 mln deal in Gdańsk

Budimex has won the tender for a road construction contract worth PLN 116.79 million (net) organized by the city of Gdańsk, the company informed. The work should be completed by July 31, 2019. Budimex has been listed on the WSE since 1995. Its strategic investor is Spanish Ferrovial. In 2016, Budime...

Locked content Budimex with PLN 211.25 mln deal for S7 road

WSE-listed construction firm Budimex signed a PLN 211.25 million net deal with the General Director for National Roads and Motorways GDDKiA for building a section of S7 expressway, the company said in a market filing. The section will connect the hub in Skarżysko-Kamienna with the border of Mazowiec...

Locked content Torpol and Budimex with PLN 596 mln deal with PKP PLK

The consortium led by WSE-listed railway infrastructure builder Torpol, and WSE-listed constructor Budimex has signed a net PLN 596.7 million deal (gross PLN 734 million) for the works on the 133 railway line with railway infrastructure firm PKP PLK. The tender concerns route connecting Trzebinia an...

Locked content Budimex hit with a PLN 122 mln lawsuit

WSE-listed construction company Budimex has been sued by the Silesian Museum in Katowice for PLN 122.8 million (or PLN 34.7 million price reduction alternatively). The claim concerns a contract for the construction of a new seat of the Silesian Museum in Katowice, back in 2011. According to the Mana...