News
Polimex Budownictwo has concluded a contract with Gdansk Airport for the comprehensive implementation of a photovoltaic carport* investment including parking infrastructure today. The cost of the investment is just under 23 million zlotys net. The contract is expected to be completed by mid-2026. The agreement was signed by Tomasz Kloskowski, President of the Gdansk Airport, and Artur Sawicki, Deputy CEO of Polimex Budownictwo.
The aim of the photovoltaic investment is to generate electricity for own needs…
With reference to the bank payment guarantee no. 75 1020 1026 0000 1896 0193 1963 dated 6 December 2014 issued by Powszechna Kasa Oszczędności Bank Polski S.A., on the order of Grupa Azoty Zakłady Azotowe “Puławy” S.A., provided to Polimex Mostostal S.A. on 6 December 2024, the Board of Director of Polimex Mostostal S.A. informs that in the opinion of the Consortium implementing the Contract for the construction of a coal-fired power unit in Puławy, the guarantee provided does not constitute a guarantee of…
Polimex Mostostal Group generated operating revenue for the first nine months of 2024 in the amount of PLN 1,872 million, 22% less than in the corresponding period in 2023.
The Group EBITDA for 3Q 2024 was PLN -308 million. The negative results are mainly attributable to the lower EBITDA generated in the Power Generation Segment and the reduction in the profit margin of the Puławy project by PLN 269.8 million (current report 55/2024).
“The third quarter of 2024 is the time for important decisions and…
On 29 October, a ceremony was held to mark the completion of the construction of the largest gas power plant in Poland and one of the most modern in Europe – PGE Gryfino Dolna Odra.
The new power plant will provide energy security for the region by covering more than five per cent of the country's electricity needs.
The commissioning closes the construction phase of Poland's most modern and largest gas-fired power plant, PGE Gryfino Dolna Odra, with a total capacity of 1366 MW. The new gas-fired units will…
On Friday, October 18, 2024, Polimex Mostostal S.A. received a call for the payment of liquidated damages for the delay in the execution of the investment of the construction of a combined cycle steam and coal unit at the Azoty Zakłady Azotowe "Puławy" S.A Group.
The project is being implemented by a Consortium composed of: Polimex Mostostal S.A. (as Consortium leader), Polimex Energetyka sp. z o.o. and SBB ENERGY S.A. The Supplier of the technological part in the scope of the OP-350 pulverized coal-fired…
The supervisory board of Polimex Mostostal S.A. decided to appoint Ms Marzena Hebda-Sztandkie to the company's management board and entrusted her with the position of the company's vice president of finance as of 5th of September of this year.
The new Vice President of the Management Board of Polimex Mostostal S.A. will be responsible for overseeing the finances of the entire Polimex Mostostal Capital Group.
As of 5th of September of this year, the Management Board of Polimex Mostostal S.A. is comprised of…
Polimex Mostostal Capital Group has published its financial results for the first six months of 2024. Polimex Mostostal Capital Group companies generated operating revenue of PLN 1,380 million in the first half of 2024.
The Group's EBITDA for 1H 2024 is PLN -7 million (-0.5%), down by PLN 93 million compared to the result for 1H 2023 (mainly due to lower EBITDA generated in the Power and Production Segment).
The results for the first six months of 2024 continue to be impacted by the effects of the war in…
On 10 July 2024, Polimex Mostostal S.A. concluded an agreement with the State Treasury - Commander-in-Chief of the Border Guard for the implementation of the task entitled “Upgrading of the state border security at the physical barrier section of the land border with the Republic of Belarus".
The subject of the contract is the strengthening of the physical barrier spans through the design and installation of additional steel reinforcements for the barrier spans.
The gross remuneration for the contract will amount…
On 3 July this year, a contract was concluded between the State Treasury, represented by the Regional Infrastructure Management Board in Gdynia, and Polimex Infrastruktura sp. z o.o. for the completion of the project entitled “Upgrade of the training ground complex in Ustka”.
The completion date is 33 months from the date of signing the contract.
The remuneration for the contract is a lump sum and will amount to PLN 41,557,518.84 gross.
As part of the project, a training hall and training areas will be…
Polimex Mostostal Group generated PLN 603 million in operating revenue in Q1 2024, compared to PLN 825 million in the result in Q1 2023. The company continues to feel the impact of the war across the eastern border, which affects the most the changing prices and deadlines for the largest contracts.
The Capital Group’s EBITDA for the first quarter of 2024 amounted to PLN 1 million, down by PLN 39 million compared to the corresponding period of 2023.
The Capital Group’s total net result for the three months of 2024…