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The Supervisory Board of Polimex-Mostostal has approved the Development Plan for the Polimex-Mostostal Capital Group, prepared by the Management Board of the Company with the assistance of a renowned counsellor. The plan assumes that Polimex-Mostostal will regain its position of a leading company in the Polish construction industry. The Group intends to focus on three sectors: energy; oil, gas and chemicals; and industrial construction. “We would like Polimex-Mostostal to regain its position of a leading company…
The bid placed by the consortium of Polimex-Mostostal and Mitsubishi Hitachi has been selected as the most favourable one in the tender for the construction of a combined gas and steam plant with capacity of 420-490 MWe at the Żerań Power Station in Warsaw. The Ordering Party is PGNiG Termika. The value of the bid amounts to PLN 1.1 billion and EUR 111.9 million. The investment in the Żerań Power Station will contribute to the improvement of the energy security of the Warsaw metropolitan area. Thanks to the…
  Revenues from sales of PxM Group after three quarters 2016 years amounted to over 2 billion PLN. Group successful reduced general administrative expenses compared the same period in 2015. From January until September 2016 sales revenues in PxM Group reached 2,04 billion PLN. In the same period of 2015 revenues amounted 1.85 billion PLN. Gross profit for the three quarters of 2016 years amounted to 24.64 million PLN. Group PXM reduced general and administrative expenses of 56.8 million PLN after three quarters of…
  The revenues from sales of the Polimex-Mostostal Capital Group in the first half-year of 2016 amounted to over PLN 1.27 billion. In the first half-year of 2016, Polimex-Mostostal earned a revenue from sales at a level over PLN 961 million. The revenues of the entire Group amounted to PLN 1.27 billion. The operating result for the entire Group totaled PLN -43.4 million, and in case of Polimex-Mostostal - PLN -104.8 million. "We are performing strategic projects in the power sector, which we'll execute in…
On Monday, August 22nd, 2016, the consortium of companies composed of Polimex-Mostostal and Mitsubishi Hitachi Power Systems handed over to Enea Wytwarzanie a proposed updated schedule of the construction of Power Unit No. 11 at Kozienice Power Plant. The main reason for the changes in the schedule are technical and organizational issues. The consortium will complete the works in the 2017. The final date for the completion of the Power Unit construction in accordance with the proposed updated schedule was set for…
Polimex Energetyka, a company within the Polimex-Mostostal Group, will perform the deliveries of steel structures for the needs of the Power Unit No. 11 being under construction at Turów Power Plant. The scope of deliveries covers the wall and platform structures of the boiler building. The Contract with a value exceeding PLN 38 million net will be performed starting March 2017 r. The Ordering Party is Budimex SA Tecnicas Reunidas SA - Turów Spółka Cywilna.
The proposal of Polimex Energetyka, a company within the Polimex-Mostostal Capital Group, submitted in a consortium with Doosan Lentjes GmbH for the construction of the semi-dry flue gas desulfurization plant together with the dry ash distribution system in the turnkey formula at Pomorzany Power Plant was selected in the tender as the most advantageous proposal. Polimex Energetyka received a notice from PGE GiEK Zespół Elektrowni Dolna Odra about the selection of its proposal as the most advantageous one. The…
Polimex Energetyka, a company within the Polimex-Mostostal Capital Group, signed a contract for, among others, the erection of the boiler pressure part at Jaworzno III Power Plant, the value of which contract exceeds PLN 118 million net. On July 14th, 2016, Polimex Energetyka signed a contract with the special purpose vehicle Rafako, established for the execution of the contract in Jaworzno - E003B7 Sp. z o.o., for the performance - as part of the construction of the Power Unit with a power output of 910 MW in…
Naftoremont-Naftobudowa, part of the Polimex-Mostostal Capital Group, signed a contract with Lotos Group for the performance of repair works on process systems. The value of the contract amounts to slightly under PLN 25 million net. Under the contract concluded on June 22nd this year Naftoremont-Naftobudowa will perform repair works on the process system. The retrofit will be performed during the "Spring 2017" overhaul standstill. The planned works include, among others, the repair of pipelines, furnace, refinery…
On Tuesday, June 7th, 2016 , Jacek Czerwonka was dismissed by the Supervisory Board from the position of the Vice President of the Management Board of Polimex-Mostostal. Currently, the Management Board of Polimex-Mostostal consists of three members.