Budimex and Torpol with PLN 597.4 mln railroad deal

WSE-listed builders Torpol and Budimex won a PLN 597.4 million net (735 million gross) tender for the modernization of a 133 railway line between Trzebinia and Krzeszowice. The line connects Kraków with Dąbrowa Górnicza. Both companies have 50 percent share in the contract. Criteria in the tender were: total gross price (80 percent), guarantee period (10 percent) and contract completion time (10 percent). The works are to be completed within 27 months.