News
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…
The Polimex-Mostostal Group will execute a contract for delivery and erection of steel structures for the needs of the combined cycle power plant in PKN Orlen, which is completed by Siemens.
The scope of the contract executed by the Polimex-Mostostal Group covers the deliveries and erection of steel structures for the main process buildings. The approximate 3,500 tons of steel elements delivered by Polimex-Mostostal will be used to build the main structure of the process buildings including their enclosure and…
Today, the President of Poland, Andrzej Duda, appointed Joanne Makowiecka-Gaca, President of the Management Board of Polimex-Mostostal as a member of the Social Dialog Board.
The Social Dialog Board, which will replace the Tri-Partite Commission, is composed of 59 persons - representatives of organizations of employers, trade unions and the government party. The OPZZ, Trade Unions Forum and NSZZ "Solidarność" will have eight members each, and six members will be appointed from each of four employer organizations:…
Polimex-Mostostal S.A. has completed the reverse split of shares in the ratio of 50:1.
Share trading in the single price trading system was resumed on October 14, 2015. The purpose of the reverse split of shares was the company's return to the main trading floor of the Warsaw Stock Exchange. The company will resume trading in the continuous trading system upon decision of the Management Board of the Warsaw Stock Exchange.
As a result of the reverse split, a total of 86,618,802 series A shares of Polimex-Mostostal…
On September 23, the Szczecin-Lwówek gas pipeline, performed by Polimex-Mostostal SA in consortium with ZRUG, was opened.
Thanks to the new gas pipeline, it will be possible to transfer gas from the LNG terminal in Świnoujście to central Poland. The gas pipeline running through three voivodships (Zachodniopomorskie, Wielkopolskie and Lubuskie) is 188 km long. It was built in two stages: the Szczecin - Gorzów Wielkopolski section, about 118 km long, and the Gorzów Wielkopolski - Lwówek section, about 70 km long.…
The National Court Register registered the reverse split of Polimex-Mostostal shares.
On September 18, 2015, an entry concerning the registration by the District Court for the capital city of Warsaw was made concerning the change of the Articles of Association of Polimex-Mostostal in the scope of the share capital.
The change relates to the Company's shares reverse split process being carried out by the Company; it consists in consolidation of each 50 shares of the Company with the existing face value of PLN 0.04…