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The annual General Meeting of Polimex-Mostostal appointed Andrzej Sokolewicz, on Monday February 16, as a member of the Supervisory Board of the company. Andrzej Sokolewicz is the chief financial officer and a proxy of the Economic Information Office of InfoMonitor SA. Previously, he worked at Pekao SA, where he was the chief operating officer of the Department of Risk Management and Control and the director of the Department of Non-performing Loans. Previously, he had worked at BRE Bank and PBK Bank. Andrzej…
Jacek Czerwonka, the President of Polimex Power Industry on Friday 13 February was appointed as Vice President for Operating Affairs of the Management Board of Polimex-Mostostal. Jacek Czerwonka will support the management of the parent company, Polimex-Mostostal, in operational activities. Jacek Czerwonka is still the President of the board of Polimex Power Industry.
The consortium of Polimex Power Industry and Polimex-Mostostal has been selected for the organization and operation of the industrial service in the OUZ-2 Department of the Municipal Cleansing Services of the City of Warsaw (MPO). The services will include the maintenance of power, water, heating and plumbing systems, maintenance and support of equipment subject to the provisions of the Office of Technical Inspection, as well as the maintenance of electrical networks and lightning protection systems. Other…
The court dismissed the petition for the bankruptcy of Polimex-Mostostal filed by Elektron-Inwestycje Sp. z o. o. with its registered seat in Świętochowice. In addition, the court ordered Elektron-Inwestycje to publish a statement in a national newspaper claiming that the company acted in bad faith and had no reason to file the application for the bankruptcy of PxM. - We have often reported that we will gradually repay our obligations to trade creditors. This is one of our main goals. We will not allow to be…
The consortium Naftoremont-Naftobudowa and Polimex-Mostostal will be contractors of a new investment of the French energy group, Total.   Naftoremont-Naftobudowa, a subsidiary of Polimex-Mostostal SA, is the leader of the consortium. The order will be carried out in Belgium, in Antwerp.   The Consortium will pursue work on the installation of ARDS. The works include, among others: dismantling the old and installing new pipelines, as well as the installation of cameras, equipment and fittings. The new investment…
Polimex Power Industry has won the tender procedure for the renovation of the boiler for EdF Poland SA, branch in Rybnik.     Polimex Power Industry shall perform the repair of the K-4 boiler and the elements of it: the installation of fire burners, dust ducts, air ducts, air fans, exhaust fans and slag traps.   The contract value is PLN 18.55 million net. The contract with EdF will be signed later this month.   –Prefabrication shall start immediately, entering the building site is scheduled for February next year…
- We have committed to the implementation of the pipeline system with installation fittings and oil pumping equipment of the newly built fuel terminal in Gdansk - Maciej Barycki says, the president of Naftoremont-Naftobudowa. - The investor is PERN Przyjaźń SA.   The contract is worth PLN 20.1 million. The estimated completion date is the first half of next year.     Naftoremont-Naftobudowa is one of the new companies of the Polimex-Mostostal Group, which deals with the refinery and petrochemical installations,…
- We shall fight unreliable partners. We shall defend the company against each pseudo creditor using all of the legal possibilities - Maciej Stańczuk says, the acting President of the Management Board of Polimex-Mostostal SA on 18 November. The court dismissed two petitions for the bankruptcy of PxM filed by companies whose claims are disputed.   On 18 November 2014 before the District Court for the Capital City of Warsaw, X Economic Division for bankruptcy and reorganization, two hearings were held under the…
Today the foundation act for construction has been signed and the foundation stone has been laid to commemorate the construction of the Opole Power Plant. Polimex-Mostostal SA is the only constructor of the greatest industry investment in Poland of the last 15 years. The contract is worth PLN 11.5 billion gross, of which about 42 percent, or PLN 4.83 billion, is the share of Polimex-Mostostal.     The foundation act for construction was signed, among others, by: the Prime Minister Ewa Kopacz and the Treasury…
·     Decrease in general and administrative expenses by 30% in the three quarters of 2014, as compared to the first three quarters of 2013 ·     Further reduction of indirect costs ·     Financial result significantly influenced by converting the debt of Polimex-Mostostal SA into shares     - The three quarters were crucial to Polimex-Mostostal. We have signed a restructuring agreement with our creditors under which a significant part of the debt of Polimex-Mostostal SA was converted into shares, we have…