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 of the S51 dual-carriageway express road from the Olsztyn Wschód (East) junction to the Olsztyn Południe (South) junction, including 21 bridge structures. The work is to be completed within 28 months from the date of signing the contract. Budimex Group is the biggest Polish building holding system. The company is part of the Ferrovial Group, one of the world's largest companies operating in the infrastructure sector.