Budimex and PKP sign deal worth over PLN 200 mln

A consortium of Budimex and Ferrovial Agroman have signed a deal with Polish railways PKP Polskie Linie Kolejowe worth PLN 209,73 million. The investment will be used to develop the railway connection between Kraków Zabłocie and Kraków Krzemionki. "The net value of the deal amounts to PLN 209 738 816,98 and the completion date is set 24 months from the signing of the contract," the statement read. Budimex is one of the largest building companies in Poland. It has been listed on the Warsaw Stock Exchange since 1994. The strategic investor of Budimex is Spanish company Ferrovial, however, Budimex has 95 percent of shares in the consortium.