Real estate Warehouse & logistics
Budimex to build Frito Lay plant for PLN 343 Million net
18:51
Budimex has signed a letter of intent with Frito Lay for the construction of a plant, the company said. The value of the offer is PLN 343m net.
“The Management Board of Budimex S.A. announces that on 21.06.2021. Budimex S.A. has signed a letter of intent with Frito Lay Sp. z o.o. for the construction of a Frito Lay plant in Poland along with internal installations, including electromechanical works and land development and technical infrastructure,” the announcement reads.
The start date of the works is August 1, 2021, the planned completion date: December 31, 2022.
Budimex has been listed on the Warsaw Stock Exchange since 1995. It had consolidated revenue of PLN 8.38bn in 2020.
