Locked content PLN 10 mln for sports infrastructure – Mazowieckie voivodship

Mazowieckie voivodship has allocated PLN 10 mln for the construction and renovation of, among others, sports fields, skate parks and playgrounds. On Wednesday, the marshal of Mazowieckie voivodship Adam Struzik and representatives of 41 municipalities signed agreements for co-financing of these inve...

Locked content PLN 3.3 mln will be invested in S19 road

About PLN 3.3 million will be invested in the preparatory works for construction of S19 expressway in the area between Sokołów Małopolski Północ and Jasionka. The road will be a part of Via Carpatia trail. The preparatory works are expected to be completed by 2020. The investment is a part of a bigg...

Locked content BGK buys 14% stake in Marguerite I from PKO BP

BGK, the state development bank, bought a stake in the pan-European fund Marguerite I from PKO BP on Friday. The fund (2020 European Fund for Energy, Climate Change and Infrastructure) has been financing major infrastructure projects. It’s the first financing model in the EU history for projec...

Locked content Poznań secures PLN 45.5 mln in EU funds for infrastructure makeover

The city of Poznań has received PLN 45.5 million in EU funding for a major infrastructure redevelopment in the center of the city. The entire investment is set to cost PLN 100 million. The project involves city rail transit as well as the street network. It is scheduled to be completed by Q3 2020...

Locked content Poland to seek settlements in disputes with road builders

Poland wants to reduce both the number and the value of disputes with construction firms which built country’s roads in recent years, deputy Infrastructure Minister Jerzy Szmit said. The value of the disputes is at PLN 10 billion, Szmit revealed. “There are hundreds of cases in courts; we don&...

Locked content New contracts for infrastructure development valued at PLN 1 billion

The total value of the five contracts signed on Tuesday under the Operational Programme for Infrastructure and Environment is more than PLN 1 billion, with funding from the EU making up about PLN 710 million, Deputy Minister of Development Witold Słowik announced on Tuesday. “These five contra...

Locked content Mosty Katowice to plan new Bydgoszcz – Toruń Expressway

The highway and bridge designer Mosty Katowice was chosen over nine competitors bidding for the tender to prepare the plans for an important new expressway between Bydgoszcz and Toruń, the Polish press reported on Monday. The contract was reported to be worth PLN 4.67 million, and the Katowice compa...

Locked content Polish developer to lay off 300 workers

Polish construction company Trakcja PRKiI intends to lay off about 300 employees by June 2017, the developer announced in a market filing. The main reason for such a decision is “significant delays in announcing tenders on the infrastructure market, chiefly rail, in the 2014-2020 EU financial ...

Locked content PBG posts net profit of PLN 867 mln for H1

Polish infrastructure producer PBG has recorded PLN 867.04 million in net profits in H1 2016, compared to a new loss of PLN 87.45 million in the corresponding period last year, the company informed in a market filing. The operating profit stood at PLN 828.7 million, versus a PLN 108.5 million loss i...