Budimex's consortium lands €178.3 mln deal abroad
14:14
Listed builder Budimex, as part of a consortium, submitted the best bid of €178.3 million for the construction of a block at a plant in Lithuania, the company informed in a market filling.
The consortium, in which Budimex holds a 48.46 percent stake, will build a combined cycle block at a waste incineration plant in Vilnus.
The consortium will receive a downpayment of 10 percent of the contract's net value, the filing indicated.
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. Budimex has been listed on the Warsaw Stock Exchange since 1995.
