Locked content Budimex pre-sold 395 apartments in Q2

Real estate unit of builder Budimex, Budimex Nieruchomości, pre-sold 395 apartments in Q2 2016, in comparison with 580 apartments in the corresponding period of 2015, Budimex spokesperson Krzysztof Kozioł told the Polish Press Agency (PAP). According to the spokesperson, notary sales reached 192 apa...

Locked content Budimex gets a PLN 118 mln contract

Listed builder Budimex has signed a contract with dairy group Mlekpol for the construction of production & storage facility, the company informed in a market filing. The net value of the agreement stands at PLN 118 million. Works will start in mid-June and last until September 2018, the filing r...

Locked content IKEA entrusts Budimex with a retail park scheme

Listed builder Budimex has signed a contract with IKEA Centres Poland SA for the construction of a commercial and office building as part of the Retail Park Franowo in Poznań, the company informed in a statement. The net value of the agreement amounts to PLN 77 million. The total area of the buildin...

Locked content Budimex signs two contracts worth PLN 335 mln in total

Listed builder Budimex has signed a contract with the Medical University of Gdańsk for the construction of the first stage of the Invasive Medicine Centre in Gdańsk, the company informed in a statement. The net value of the agreement stands at PLN 285.7 million. Works are expected to start within on...

Locked content Budimex lands PLN 190 mln deal

Listed builder Budimex has signed a contract with Poland’s road authority GDDKiA for the construction of a stretch of the S5 express highway between Poznań and Wrocław (near Leszno in the Wielkopolskie voivodship), Budimex said in a market filing. The net value of the contract amounts to PLN 1...

Locked content Budimex net profit up by 38% in Q1 y/y

Listed real estate developer Budimex, a unit of Spain’s Ferrovial, recorded a consolidated net profit of PLN 51.5 million in Q1 2016, versus PLN 37.3 million in Q1 2015, the company informed. The group’s operating profit stood at PLN 62.9 million, compared with PLN 46.7 million a year be...

Locked content Budimex Nieruchomości pre-sells 317 apartments in Q1

Budimex Nieruchomosci, a real estate unit of builder Budimex, pre-sold 317 apartments in Q1 2016, compared to 499 apartments in the corresponding period of 2015, Budimex spokesperson Krzysztof Koziol told the Polish Press Agency (PAP). Notary sales reached 242 apartments in Q1, compared to 109 apart...

Locked content Budimex signs PLN 742 mln contract

Listed builder Budimex has signed a contract with the Olsztyn Branch of the General Directorate for National Roads and Motorways for the construction of the Olsztyn ring road. The net value of the contract amounts to PLN 742.3 million. The scheme concerns the construction of a 14.7 km long section o...