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Antoni Józwowicz was appointed the President of the Management Board of Polimex Mostostal. The Supervisory Board of the Company also appointed Tomasz Rawecki and Tomasz Kucharczyk as members of the Management Board. The Supervisory Board of Polimex-Mostostal dismissed Joanna Makowiecka-Gaca, President of the Management Board, and Krzysztof Cetnar, Finance Vice President.zysztof Cetnar, Finance Vice President.
The Extraordinary General Shareholders Meeting of Polimex-Mostostal changed the composition of the Supervisory Board of the Company. During the General Meeting the shareholders dismissed the following members of the Supervisory Board: Marek Szczepański, Andrzej Zwara, Krzysztof Kaczmarczyk, Jarosław Kochaniak and Andrzej Kasperek. Remaining members of the Board: Marcin Milewicz and Andrzej Sokolewicz. The following were appointed to the Supervisory Board: Iwona Warsewicz, Bartłomiej Kachniarz, Anna Młynarska-…
The Polimex-Mostostal Group has become a member of the Polish Cluster of Civil Engineering Exporters association. The Polish Cluster of Civil Engineering Exporters association is an initiative of entrepreneurs for whom the primary goal is building and deepening the cooperation between Polish construction companies on export markets as well as the internationalization of the Polish construction sector. The core ideal of this initiative is the global promotion of the capabilities of Polish companies in the field of…
Mostostal Siedlce is one of the four strategic companies of the Polimex-Mostostal Group. The steel structures plant in Siedlce was separated from the structures of Polimex Mostostal and since February 12, 2016, has functioned as a separate company - Mostostal Siedlce Sp. z o.o. Sp. k. The organized part of the company which was transferred from Polimex Mostostal to Mostostal Siedlce includes machines and equipment, inventories, receivables, cash, trade liabilities and employees (1580 people). The estimated value…
Concreting for the foundations of a turbine generator unit was completed in 30 hours. It marked yet another important stage of works carried out by Polimex-Mostostal for Opole Power Plant. The turbine generator unit foundations in power unit No. 6, similarly to the foundations in power unit No. 5, are supported on 58 vibration dampers affixed to 14 poles which are 12 m high (above the ground level). Concreting started at 4.30 PM on December 28 and was completed in 30 hours. Concrete was distributed by means of…
As of January 4, 2016 Polimex-Mostostal shares will be listed in WSE continuous trading system. The Management Board of the Warsaw Stock Exchange announced in its communication about the update of the alert system that Polimex-Mostostal shares will be re-listed in the continuous trading system. This is the result of the company's share reverse split process that was completed in October 2015. As of January 4, 2016 the company's shares will not longer be included in the alert list and single-price quotation system…
Naftoremont-Naftobudowa entered into a contract with a Netherlands-based Technip Benelux, and Polimex Energetyka will modernize boilers in power units 4 and 5 at the Kozienice Power Plant. Under the concluded contract, Naftoremont-Naftobudowa will prefabricate and install pipelines for steam cracking reactors in Unipetrol refinery in Litvinov, Czech Republic. The value of the contract amounts to € 8.45 M (nearly PLN 36 M). It is estimated that the project will be completed by August 2016. Polimex Energetyka was…
Elektron-Inwestycje admitted to have acted in bad faith when applying for declaring Polimex-Mostostal bankrupt. "Elektron-Inwestycje Sp. z o.o. with its registered office in Świętochłowice represents and admits that its application to the District Court for the capital city of Warsaw to declare Polimex Mostostal S.A. bankrupt was filed in bad faith and was groundless" - reads the statement published in "Puls Biznesu" daily. Due to the absence of the title to bring the action before the court, in January 2015 the…
PGE Polska Grupa Energetyczna and Polimex Energetyka signed a contract for the upgrade of boilers in power units 1-3 at Turów Power Plant. The value of the contract amounts to over PLN 417 million. The upgrade of CFB-670 boilers is a part of the upgrade project of power units 1-3 at Turów Power Plant. The aim of this project is the optimal usage of production units, and in particular elimination of forced outage that had the largest impact on the availability of the power units 1-3, and adjustment of generating…
Operating revenues of the Polimex Mostostal Group for 3 quarters 2015 exceeded PLN 1.8 billion and were 29 percent higher than the revenues obtained during the same period of last year.   Profit of the Polimex-Mostostal Group for the period from January to September this year amounted to PLN 75 million. General and administrative costs amounted during that period to PLN 56.8 million, i.e. 9 percent less than during 3 quarters 2014.     -     Financial results for the third quarter show that Polimex -Mostostal is…