News
Pursuant to the applicable provisions of the Agreement on the Management of Financial Debt of 21 December 2012, as amended, between Polimex Mostostal S.A. and, inter alia, the following banks: PKO BP S.A., PKO S.A. and BOŚ S.A., as well as the Agreement of 20 June 2017 concluded with Bank Millennium S.A., the Company informs that as of 31 December 2019 it repaid the loan receivables in the total amount of PLN 95.5 million, which constitutes 50% of the outstanding balance resulting from the above-mentioned…
On 3 December 2019 the Consortium comprising of Polimex Mostostal S.A. (as the Consortium leader) and its subsidiary Polimex Infrastruktura Sp. z o.o. (as the Consortium partner) concluded an agreement with the City of Konin – the Municipal Road Authority for the implementation of the largest infrastructure investment in the area in 12 years: “The construction of the connection between the Paderewski street with the Wyzwolenia street in Konin in relation to the modernization of the E-20 railway line”.
The gross…
Polimex Mostostal Capital Group has been once again granted the highest distinction in the area of workplace safety – the Golden Card of the Workplace Safety Leader for the years 2020-2021. The prize has been awarded by the Central Institute for Labour Protection – National Research Institute (CIOP-PIB).
In recognition of the extraordinary results by the Group in applying science and technology for the improvement of working conditions, safety and protection of an individual in the workplace, the Commission for…
Polimex Mostostal Capital Group has published positive financial results after the three quarters of 2019. The operating income of Polimex Mostostal Capital Group amounts to PLN 1 233 million and is higher by PLN 35 million compared to the financial results for the first three quarters of 2018.
The net income of the Capital Group after nine months of 2019 is higher by PLN 11 million compared to the corresponding period in 2018 and it indicates a positive financial result.
Selected financial data for the three…
On 29 October 2019 Polimex Mostostal S.A. increased its shareholding in Energomontaż - Północ Bełchatów Sp. z o.o. up to 55%, thereby effectively acquiring control of the Company.
The new entity of Polimex Mostostal brings added value to the scope of business activity and competences of the Capital Group, particularly in terms of production and assembly.
Energomontaż - Północ Bełchatów Sp. z o.o. is a leading construction company specializing in the manufacturing and assembly of steel structures, power equipment…
PERN has concluded a tender procedure for the construction of the storage tanks for petroleum products at the fuel depots in Emilianów and Małaszewicze. The tender finalization is another milestone in the second stage of the expansion of the Company’s capacities for the storage of oil products. The investment is consistent with the key strategic objectives of PERN by 2022.
There is another project currently in progress as part of the second stage of the storage capacity expansion in PERN, namely the construction…
Naftoremont-Naftobudowa, an entity of Polimex Mostostal Capital Group, has become a supplier of the German corporation Thyssen Krupp Dortmund, one of the major global German companie, after successful completion of the selection procedure. The Company’s offer for the design, delivery and assembly of a 4000 m3 tank for nitric acid made of duplex stainless steel for Anwil S.A. in Włocławek has been selected as the most advantageous. The tank is part of a larger investment initiative of Thyssen Krupp in Włocławek.…
On 2 October 2019 Polimex Budownictwo, an entity of Polimex Mostostal Capital Group, signed an agreement with Energop Sp. z o.o. for the implementation of the following project: “Expansion of the pipeline branches and investment in steel structures”. The conclusion of the contract took place at the registered office of Energop in Sochaczew.
The project is co-financed by the government and the assignment is the construction of two halls: a WER production hall and a WKS storage hall with the delivery of cranes.…
A symbolic inauguration of the investment for the construction of a new power unit took place in Grupa Azoty PUŁAWY. The ceremonious laying of the foundation act was carried out by dr Krzysztof Bednarz, the President of the Management Board of Grupa Azoty PUŁAWY, dr Wojciech Wardacki, the President of the Management Board of Grupa Azoty. Maciej Korniluk, the Vice President of the Management Board of Polimex Mostostal, Artur Soboń, the Deputy Minister of Investment and Development and an MEP Elżbieta Kruk.
The…
The ceremony for the finalization of two ultra-modern power units 5 and 6 with a total capacity of 1,800 MW took place on 10 October at the Opole Power Plant, an entity of PGE Górnictwo i Energetyka Konwencjonalna. The investment, with a total value approaching PLN 11.6 billion, has promoted the Opole Power Plant to the global forefront of the most modern energy facilities. Moving forward the plant will supply 8% of the domestic electricity demand, bringing electric power to 4 million households.
On 30…