News
The road is open from August 3, 2014.
Thanks to the deployed technology, it meets the highest quality standards.
Modern compact asphalt technology was used involving bilayer surface arrangement of drainage structure. Such a surface effectively drains rainwater onto roadsides (water flows inside the layers of asphalt) and reduces the noise caused by wheels of vehicles.
The length of the Gdów bypass is 2.676 km. The investor is the Provincial Road Management in Cracow. The contract value amounts to PLN 24.13…
Please be informed that, with effect from 1 July 2014, the registered address of Polimex - Mostostal S.A. (the former 15/17 Czackiego Street) has been changed to: 42 Młynarska Street, 01-171 Warsaw.
Therefore, please send all correspondence and shipping to our new address. The new address of the company should also be placed on such documents as invoices, as issued from 1 July 2014.
Please also note that our phone numbers, tax identification number (NIP), business identification number (REGON), bank accounts, as…
June 23, 2014, Polimex-Mostostal signed a preliminary agreement with creditors, specifying the conditions and stages of the financial restructuring of the company - the so-called Term Sheet, which provides, inter alia, issuance of bonds, conversion of the debt of the company into shares, launching guarantee lines and postponement of other liabilities.
The Company has entered into an agreement, inter alia, with such banks as PKO BP, Pekao SA, BOŚ, BZ WBK, and institutions representing bondholders.
The Parties…
Polimex-Mostostal signed a new Corporate Collective Labor Agreement with the trade unions and has entered into an agreement ending a labor dispute with the trade unions.
For several months, the company's management has been involved in intense negotiations with trade unions aimed at agreeing the provisions of the new Corporate Collective Labor Agreement (CCLA).
As a result of these discussions, the board finally agreed and signed the new Corporate Collective Labor Agreement on 23 June.
- The new provisions of…
In the first quarter of 2014 Polimex-Mostostal continued corrective actions, realizing the program of financial and operational restructuring and conducted ongoing operations.
Negotiations with creditors
- Talks with creditors are ongoing, they bring us closer to a solution acceptable to all parties. Arrangements are to allow the company to be back on the market through the access to guarantee lines that enable the acquisition of new contracts. The Management Board expects the agreement with creditors to be…
Following the resignation, for personal reasons, of Mr. Gregor Sobisch from the position of Chairman of the Board of Polimex-Mostostal, the Supervisory Board, on 9 May 2014, appointed Mr. Maciej Stańczuk, the previous Vice-President of the Management Board, to be the Acting Chairman of the Board.
In addition, on 9 May, the Supervisory Board appointed Mr. Bogusław Piekarski to become a member of the Board and the Chief Operating Officer.
The Supervisory Board has appointed a new board member in the result of a…
On May 5, 2014, at construction sites of the companies forming the Agreement for Construction Safety, a Safety Week started.
Activities related to the promotion of health and safety culture will be taken at hundreds of sites throughout the country.
It is the first joint initiative of the signatories to the Agreement carried out on such a large scale and simultaneously. This is a unique opportunity to reach out not only to the employees of own forces, but also to most of the subcontractors on the Polish market.
The…
Enea Wytwarzanie selected Polimex-Mostostal's bid for the modernization of the boiler unit No. 10 in Kozienice. Value of the offer amounts to PLN 15.7 million.
When choosing the best bid, price was taken into account (90 percent) and warranty (10 percent). The Employer provides that the task will be carried out in the period from March to July 2014. Polimex-Mostostal is already executing in Kozienice a new block with a capacity of 1075 MW. The scope includes construction and assembly work, which amounts to about…
The Company is continuing the process of restructuring – the Management Board of Polimex-Mostostal has developed and consulted with its creditors a modified concept of operational and financial restructuring of the company.
- As a result of the restructuring actions taken in the last quarter, we have obtained a significant improvement in the company’s functioning on many levels, including a significant reduction in the cost of business operations - Gregor Sobisch, the President of the Board of Polimex-…
The Supervisory Board of Polimex-Mostostal appointed Mr. Maciej Stańczuk - Vice President to the board of directors of the company on 7 February 2014.
The Supervisory Board, as the result of a qualifying procedure, has appointed a new board member.
- The enlarged Management Board will be able to more effectively carry out the tasks they face. This is especially important when carrying out financial and operational restructuring of the company and the implementation of its new strategy - Gregor Sobisch said – the…