Locked content Budimex and Torpol with PLN 597.4 mln railroad deal

WSE-listed builders Torpol and Budimex won a PLN 597.4 million net (735 million gross) tender for the modernization of a 133 railway line between Trzebinia and Krzeszowice. The line connects Kraków with Dąbrowa Górnicza. Both companies have 50 percent share in the contract. Criteria in the tender we...

Locked content Budimex with PLN 125.68 mln deal

WSE-listed construction group Budimex signed a PLN 125.68 million net contract to build a 55 MW gas-fired power unit for Tameh Polska. Tameh is a joint venture company formed by state-owned power group Tauron and steel giant ArcelorMittal. The block is scheduled to be completed by August, 2019…...

Locked content Budimex with PLN 390 mln railway line modernization deal

WSE-listed Budimex’ subsidiary Budimex Budownictwo, signed a PLN 390 million deal with state-owned railway operator PKP PLK to modernize parts of the railway line 7, which connects Warsaw with Dorohusk. The works will be conducted on the Otwock-Pilawa portion of the line and should be completed with...

Locked content Budimex signs PLN 597 mln deal with PKP PLK

WSE-listed builder Budimex, through its subsidiary Mostostal Kraków signed a PLN 597.4 million contract with state-owned railway operator PKP PLK to modernize parts of the railway line 7, which connects Warsaw with Dorohusk. Mostostal will act as a leader of the consortium with 77.5 percent of share...

Locked content Budimex to takeover two companies. Changes in shareholder structure

WSE-listed builder Budimex facility management unit FB Serwis filed for regulator’s approval for a planned takeover of communal services firms Trans-Formers Wrocław and Trans-Formers Karpatia, antitrust watchdog UOKiK said in a statement. The company also announced, that its lead shareholder F...

Locked content Budimex with PLN 159 mln Q4 net profit

WSE-listed builder Budimex posted PLN 159 million attributable net profit in Q4 2016, up by 113% year-on-year and PLN 1.45 billion in revenues, the firm said in market filing. The results are in line with preliminary results posted in mid February. The value of contracts signed in 2016 period reache...

Budimex Q4 profit 47% up

Budimex reported a consolidated net profit of PLN 110 million for the fourth quarter of 2016, a 47 percent increase (PLN 35 million) over the corresponding period of the previous year, the company stated in a press release.

Bank financing for Retro Office House in Wrocław

A subsidiary of developer LC Corp has secured €23.7 million in bank financing from mBank Hipoteczny to finance the construction of its ongoing Retro Office House office project in Wrocław. The scheme is being developed at the intersection of ul. Piłsudskiego and ul. Komandorska near the downtown of ...