Kinetic construction
Energomontaż-Północ, a capital group comprised of construction firms specializing in the energy sector, has reported that its order book for 2007 is already worth zł.187 million. The group closed 2006 with revenues that amounted to around zł.236.3 million and a net profit of 8.51 million.
The company also recently signed a contract with EC Białystok, valued at zł.20 million.
"We are still negotiating new contracts that could increase our portfolio, but I can already tell that this year's sales will be significantly higher than those of last year," said Włodzimierz Dyrka, president of Energomontaż-Północ.
Dyrka said he felt very optimistic about the company's future and predicted that about zł.20 billion would be invested in Poland's energy industry over next the few years.
Based on this prognosis, the company wants to remain focused on projects connected to receipt, acquisition, distribution, warehousing and transportation of oil and gas. Internationally, the company is interested in Germany and renovation work on several of its power plants, as well as tenders for industrial vats, each worth several million euro. Other projects are also in the offing.
"New projects have already been planned in connection with nuclear power [in the region], thus some new perspectives have also appeared for our company," said Dyrka.
Energomontaż's president emphasized that the company possesses the necessary experience in the nuclear field and that its daughter company, Energomontaż-Północ Gdynia, had been established in connection with previous plans to construct Poland's first nuclear power plant, in Żarnowiec.
Dyrka also listed development of Energomontaż's prefabricated-materials operations among the firm's other goals for 2007.
"We will begin reconstructing a plant in Sochaczew, which will allow our company to double its revenues by 2010," said Dyrka. The decision to modernize the Sochaczew plant came after the company was unable to purchase pre-fabrication plants in either Germany or Kielce, Poland.
In addition to prefabricated materials, Dyrka said that the company wants to acquire an assembly firm. "Negotiations for the purchase [of one] are already underway," he said.
Energomontaż Północ's president also pointed out that the firm's strategy calls for it to focus on contracts that provide a minimum 15-20 percent gross-profit margin. "This is what will separate us from other companies," stated Dyrka.
The Energomontaż-Północ capital group comprises Energomontaż-Północ Gdynia, Energop Sochaczew and ZRE Lublin. The group currently has 1,950 employees.
