Automatic for Elektrobudowa

Polish manufacturer and supplier of medium- and low-voltage switchgear equipment and installations for power systems, Elektrobudowa, is now turning to the industrial automation market. Having created a new automation department that will provide services to the sectors of construction, energy, industry and environment, Elektrobudowa aims to achieve a larger margin on its contracts, winning new market segments, and changing its image on the financial market. "In each contract there is an automation part, which can increase the margin," said the company's president, Jacek Faltynowicz. In the Arkady Wrocławskie project, the automation part, which Elektrobudowa commissioned to Siemens, had a value of about zł.6 million.

"We want our company not to be perceived solely as a wire producer, but also as one that provides intelligent and complex automation solutions," says Faltynowicz.

"We had many inquiries from the construction market about the Building Management System. Now we could become a partner for such construction companies as Skanska or Budimex-Dromex," said the director of Elektrobudowa's automation division, Krzysztof Gołšbek.

Switched on

Last year Elektrobudowa achieved a net profit of zł.8.7 million on revenues of zł.334.8 million. The value of orders reached zł.376.1 million. For 2006, the company expects to generate zł.9.3 million in net profit and zł.362 million in revenues. Faltynowicz forecasts that this year, Elektrobudowa could offer a dividend payout at zł.1.5 per share.

Established in 1953, Elektrobudowa is now a joint-stock company listed on the Warsaw Stock Exchange. The company has participated in the construction of almost all Polish power stations.

Among the major contracts the company has performed are electrical works at the A4 motorway construction for Strabag, a high-current installation in Hotel Novotel Centrum in Warsaw for Mitex, and electrical works in Hotel Qubus in Kraków for Hochtief Polska. The company's major contracts won in 2005 are orders for Arkady Wrocław, Stary Browar in Poznań, and Polskie Radio.

Agnieszka Barteczko