News
The project covered by the program for extension of production capacities adopted already by the Management Board of Polimex-Mostostal in 2008 for both the Company and the entire Group has just been completed.
Production in the new plant – Steel Product Manufacturing and Paint Shop – was launched on 5th November this year.
Erection of the new unit was started in September 2008. The investment was set up within organization structures of the Special Economic Zone of Tarnobrzeg and its overall value was about PLN…
On 6 November 2009 in Częstochowa, in a region of an operational galvanising plant, a modern road barrier production line has been launched.
Due to this investment, Polimex-Mostostal has become one of the largest suppliers of road barriers in the country.
The production line is characterised by high output and a fully automatic production cycle.
- Within 24 hours, we can manufacture 5,600 protective barriers or 10,000 posts and 1,800 profile (stretching) belts. Due to high productive capacities, we are able to…
The Management Board of Polimex-Mostostal has developed and commenced to implement a programme of ordering the Group's structure, providing for the acquisition in the nearest future of further stock of profitable companies in which Polimex-Mostostal already holds majority stakes and for the inclusion of the companies in the Polimex-Mostostal structure.
The reorganisation will result in the simplification of the Group's structure, decrease of the management levels, increase of mobility and synergy, and will make…
The contract covers design and construction of the A-2 motorway section Stryków-Konotopa along the section km 394+500 to km 411+465,8 (section B).
The contract with the General Directorate for National Roads and Motorways was concluded by a Group of Companies comprising:
Mostostal Warszawa S.A. (Leader),
Polimex-Mostostal S.A. (Partner),
ACCIONA INFRAESTRUCTURAS S.A. – Spain (Partner).
Net contract value: 691,444,047.41 PLN (in words: six hundred and ninety-one million, four hundred and forty-four thousand, and…
Summary of the first half-year of 2009
The consolidated income from sale in the first half-year of 2009 amounted to 2,053.7 million PLN.
Net income in the compared period increased by 22.92 per cent and amounted to 72.1 million PLN.
Following the first half-year of 2009, the operating profit amounted to 123,3 million zlotys and was 13.48 per cent higher than in the analogical period of 2008.
The gross margin of profit from sale amounted to 11.9% as compared to 10.5% in the first half-year of 2008.
The net margin…
Today, that is on 27 August 2009 Polimex-Mostostal has received information that the bid made by Consortium with the participation of Polimex-Mostostal for the construction of A-2 motorway section Stryków-Konotopa on the section from km 394+500 to km 411+465,8 (section B) has been found by the Contracting Party - Generalna Dyrekcja Dróg Krajowych i Autostrad (General Directorate for national Roads and Motorways) to be the most beneficial.
Consortium members:
Mostostal Warszawa S.A. (Leader),
Polimex-Mostostal S.A…
Polimex-Mostostal concluded another Contract worth over 55 million PLN net with a group of companies comprising ALSTOM Power Systems GmbH and Hitachi Power Europe GmbH, regarding supply and installation of steel structures at the Neurath power generating plant in Grevenbroich, Germany.
Today, i.e. on 7 July 2009, Polimex-Mostostal S.A. signed a Contract regarding ‘Installation of the steel structure of the lower part of the boiler room, Bunkerhaus + boiler bunkers and the F 1100 MW power unit channels at the…
Polimex-Mostostal signed with the City Hall of Gorzów Wielkopolski a contract for the reconstruction of ul. Wyszyńskiego and construction of roundabouts and the required infrastructure.
Contract net value – 18,015,265.85 PLN.
Contract gross value – 21,978,624.34 PLN.
Polimex-Mostostal S.A. (Zakład Budownictwa Szczecin Z13) is the general contractor.
The scope of reconstruction of a 3.5-kilometre-long section of the street includes, among others: demolition of the existing pavement, production of a new pavement,…
Today, i.e. on 17 June 2009, Polimex-Mostostal signed with the State Treasury, represented by the Minister of Culture and National Heritage and the Capital City of Warsaw – the Capital Board of City Development, a contract regarding construction of the Museum of the History of Polish Jews in Warsaw.
The contract will be executed by a group of companies:
Consortium Leader: Polimex-Mostostal S.A.,
Consortium Partner: Interbud-West Sp. z o.o. of Gorzów Wielkopolski.
Net contract value: 124,830,850.35 PLN
Gross…
Consolidated income from sale in Q1 2009 amounted to 882 million PLN.
Net profit in the period compared increased by 14.9 per cent and amounted to 34.2 million PLN. Following Q1 2009, the operating profit amounted to 62.3 million PLN and was 4.3 per cent higher than in the analogical period of 2008.
Net margin in Q1 2009 amounted to 3.9 per cent.
The portfolio of orders currently exceeds 7.7 billion PLN.
Summary of Q1 2009:
- Polimex-Mostostal summarised the next quarter with results which reflect the good…