Budimex with three road contracts in Białystok

Builder Budimex has secured three contracts for the construction of roads in the city of Białystok in eastern Poland, which are valued at a total of more than PLN 367 million. The Białystok authorities have commissioned the company to build two stretches of Trasa Niepodległości for PLN 140.76 millio...

Budimex secures PLN 336 mln hospital contract in Toruń

Investor Kujawsko-Pomorskie Inwestycje Medyczne, a special-purpose vehicle of the local government in the Kujawsko-Pomorskie Voivodship, has commissioned a consortium of construction companies Budimex (acting as the leader with a 95 percent stake) and Ferrovial Agroman to modernize and expand the Pr...

Locked content Budimex, Mostostal Kraków to lead building of new pipeline

A consortium of two of Poland’s largest construction companies will build a new gas pipeline linked to the LNG terminal in Świnoujście, according to a Monday press release. The project, which is valued at PLN 78.5 million (gross), will be executed during the coming 19 months. “The scope of work incl...

Asbud launches Grzybowska 85 in Warsaw

Developer Asbud Group has launched construction work on its Grzybowska 85 residential project in Warsaw, with builder Budimex acting as the general contractor for the scheme. The investment is located on ul. Grzybowska in the Wola district and will comprise a total of 501 apartments. So far, Asbud h...

Locked content Budimex lands two contracts worth over PLN 285 mln

Listed builder Budimex submitted a winning bid for road construction (second and third stages) in the city of Białystok, the company informed in a market filing. The total value of both agreements stands at PLN 285.9 million. The builder has to finish the works within 21 months from the signing of c...

Locked content Budimex net profit at PLN 146 mln in H1

Real estate developer Budimex recorded a net profit of PLN 146.07 million in H1 2016, compared with PLN 106.59 million in the corresponding period last year, the company informed in a market filing. The company’s operating profit totaled PLN 178.27 million, versus PLN 128.78 million in H1 2015...

Locked content Budimex’s consortium lands PLN 84 mln deal

Listed builder Budimex, as part of a consortium, submitted a winning bid of PLN 83.8 million for road construction in the city of Olsztyn, the company informed in a market filling. The consortium with Ferrovial Agroman, in which Budimex holds a 95 percent stake, has to finish the works within 27 mon...

Locked content Budimex lands PLN 90 mln deal with LC Corp

Listed builder Budimex has signed a contract with LC Corp for the construction of Retro Office House scheme in Wrocław, the company informed in a statement. The estimated value of the agreement stands at PLN 89.9 million. The builder will finish this investment on March 22, 2018. Budimex Group is th...

Locked content Budimex’s consortium lands €178.3 mln deal abroad

Listed builder Budimex, as part of a consortium, submitted the best bid of €178.3 million for the construction of a block at a plant in Lithuania, the company informed in a market filling. The consortium, in which Budimex holds a 48.46 percent stake, will build a combined cycle block at a waste inci...