ZUE wins big PKP contract

PKP Polish Railway Lines chose a bid worth PLN 281 million, which was made by construction company ZUE, as the most favorable in the tender for the first phase of work on railway lines between Łódź Kaliska, Zduńska Wola, and Ostrów Wielkopolski, the company stated in a press release on Friday morning. "The gross value of the offer submitted by the company was PLN 345.6 million, [and] the time frame for completion of the tasks [will be] 38 months from the date of signing the contract," the statement read. The main activities of ZUE are design and implementation, providing general contracting, comprehensive services, construction and modernization of tram lines and railways (and accompanying infrastructure). The company has been listed on the Warsaw Stock Exchange since 2010. In 2015, ZUE had consolidated revenues of PLN 542 million.