News
Naftoremont-Naftobudowa Sp. z o.o., an entity of Polimex Mostostal Capital Group, has concluded an agreement with its long-standing business partner TOTAL Raffinaderij Antwerpen for the renovation of installation U31 for catalytic cracking at the refinery in Antwerp.
The scope of the planned investment involves mechanical works, prefabrication and assembly of pipelines surrounding the installation. The preparation period and prefabrication will start already this year. The main mechanical works will be performed…
On 25 September 2019 Grupa Azoty Zakłady Azotowe Puławy S.A. and the consortium comprising of the following companies: Polimex-Mostostal S.A., Polimex Energetyka Sp. z o.o. and SBB ENERGY S.A. concluded an agreement for the construction of a new power unit in Puławy. The net value of the agreement amounts to PLN 1.16 billion.
The objective of this investment is to ensure that Grupa Azoty has a steady supply of heat energy for the chemical installations and to boost electricity production to meet the energy needs…
At the request of Polimex Mostostal and by decision of the Minister of Energy of 3 September 2019, five employees of Polimex Mostostal Capital Group have been granted the honorary distinction “Badge of Merit for Energy” for their contributions in the development of the power sector.
On 19 September 2019 the Minister of Energy Krzysztof Tchórzewski personally awarded the badges during the Company’s Top Management Meeting in Siedlce. The distinguished engineers from Polimex Mostostal are:
Marek Wereda – Director…
Polimex Mostostal Capital Group has published positive financial results for the first six months of 2019. After the first half of this year Polimex Mostostal Capital Group recorded an operating income of PLN 750 million.
The Group’s EBITDA in the first half of 2019 was PLN 13 million and it is higher by PLN 8 million compared to the corresponding period in 2018. The EBITDA indicator remains at a stable level of 1.7%, which is comparable to the market level. The Group’s EBITDA only in the second quarter of 2019…
The Management Board of Grupa Azoty, Zakłady Azotowe Puławy have chosen the offer of Polimex Mostostal, Polimex Energetyka and SBB Energy as the most advantageous in the tender procedure for the selection of the general contractor for the construction of a coal-fired power unit in the CHP plant in Puławy. The net contract value is close to PLN 1,16 billion.
The commission that has been put out to tender concerns the construction of a heating and condensing power unit with a pulverized coal-fired boiler with…
Naftoremont-Naftobudowa has finalized the construction of two new tanks for diesel fuel with the capacity of 32,000 m³ each at the PERN fuel depot in Nowa Wieś Wielka. The company can therefore boast a successful completion of yet another fuel storage investment project. Two similar tanks have been put into operation at the fuel depot in Koluszki. The value of both investments exceeded PLN 130 million.
The finalization of the project entails that the capacity of the fuel depot in Nowa Wieś Wielka has been…
On 29 May 2019 the Office of Technical Inspection (UDT) hosted a gala for the 5th edition of the Leader of Technical Safety Ranking. This year the title of the Leader of Technical Safety was granted to Polimex-Mostostal S.A. The award was presented to the President of the Management Board Krzysztof Figat during the event.
„It is a great privilege to receive this prestigious award. The title of the Leader of Technical Safety honours all the employees of Polimex Mostostal Capital Group who have earned this award…
Polimex Mostostal Capital Group has published the financial results after the first quarter of 2019. Within the first 3 months of this year the Group generated the operating income of over PLN 353 million.
The quarter’s results were summarized by Krzysztof Figat, the President of the Management Board of Polimex-Mostostal S.A.
“We have just closed the first quarter of 2019. The beginning of the year is usually the “kick-off season” in our industry. During the first three months of 2019 we focused primarily on…
The most modern gas and steam unit in Poland, currently under construction with Polimex-Mostostal, will supply the heat to Warsaw residents already next year. The unit will allow the Żerań CHP Plant to generate 4 TWh of electricity and 1,9 TWh of heat energy.
- The construction of the gas and steam unit and the new boiler room will substantially improve the quality of life for the residents of Warsaw and the metropolitan area. The investment will allow us to withdraw the already exploited coal boilers from use…
Polimex Mostostal Capital Group has published the financial results for the year 2018. In 2018 the Capital Group had the operating income of PLN 1,637 billion. The Group’s EBITDA in the full-year 2018 was PLN 62 mln, with a net income of PLN 16 mln.
Selected financial data for the year 2018 in mln PLN
„We would like to present the overview of our work in the year 2018, a year that proved to be especially demanding and challenging for all of us.
Our Company has a well-established and stable position in the…