News
Polimex-Mostostal is dynamically developing its activity in the power engineering sector, including the wind energy sector.
In 2008, Polimex-Mostostal activeness in this area resulted in a contract with a Danish power engineering group, DONG Energy Generation A/S, for the execution of a wind plant in Karnice near Gryfice. Construction works continued until February last year and covered production of thirteen foundations constituting the basis for the installation of wind power plants of 2.3 MW each (total output…
Today, i.e. 20 June 2010, the Polimex-Mostostal consortium of companies signed a contract with the Katowice Branch of the Generalna Dyrekcja Dróg Krajowych i Autostrad (General Directorate for National Roads and Motorways for the construction of the S-69 Bielsko Biała – Żywiec – Zwardoń expressway, the ‘Mikuszowice’ (‘Żywiecka/Bystrzańska’) junction – Żywiec section.
The consortium comprises:
- Polimex-Mostostal S.A. (Leader),
- Doprastav a.s. Bratislava (Partner),
- Zakład Robót Mostowych ‘MOSTMAR’ Marcin i…
Today, i.e. 16 July 2010, the Stockholders of Naftobudowa S.A. took a positive decision regarding the merger of the Company and Polimex-Mostostal S.A. at the Extraordinary General Meeting.
The General Meeting voted for the 6.04 stock exchange parity.
During the Extraordinary Meeting of Stockholders of Polimex-Mostostal which was held on 12 July this year, the Stockholders passed resolutions on the adoption of two Merger Plans, i.e.
· regarding Polimex-Mostostal and Naftobudowa S.A., and
· regarding…
Today, i.e. on 13 July 2010, the Ordering Party – the General Direction for National Roads and Motorways, Branch in Rzeszów – opened the bids submitted in the tender for the construction of the A-4 motorway on the section from Rzeszów (Rzeszów East junction) to Jarosław (Wierzbna junction).
In the tender, Polimex-Mostostal, acting in the consortium together with Doprostav a.s. – Bratislava, made an bid with the best price:
PLN 1 billion 800 million net,
PLN 2 billion 196 million gross.
The Polimex-Mostostal…
Today, i.e. 12 July 2010, Extraordinary General Meeting of Shareholders of Polimex-Mostostal S.A. adopted resolutions regarding adoption of two Merger Plans involving seven companies of the Group and Polimex-Mostostal.
The aim of the Management Board of Polimex-Mostostal is to achieve and maintain a significant competitive advantage in developing sectors, first of all in the power engineering sector. Successful realisation of so imposed a task requires:
acquiring capacities to comprehensively realise large…
Today, i.e. on 18 June 2010 Polimex-Mostostal signed a contract with the Lublin University of Technology for the construction of the Centre for Innovation and Advanced Technologies of the LUT.
Net worth of the contract:
PLN 59,812,439.20. (fifty nine million, eight hundred twelve thousand, four hundred thirty nine zlotys and 20/100).
Gross worth of the contract:
PLN 72,971,175.82. (seventy two million, nine hundred seventy one thousand, one hundred seventy five zlotys and 82/100)
The construction of the Centre…
The Management Board of Polimex-Mostostal continues the activities aimed at reorganisation involving acquisition of 7 Group companies operating in the chemical and power engineering sectors,and inclusion of them in the organisational structure of Polimex-Mostostal.
Polimex-Mostostal S.A., supported by the Companies constituting the Capital Group, is the leader of the Polish engineering and construction marker, offering a unique and complementary scope of construction and installation services provided on the…
A bid for over 485 million PLN made by TORPOL has been selected by the Ordering Party.
Yesterday, i.e. on 25 May 2010, the Management Board of Polimex-Mostostal SA obtained information that the bid made by Torpol ‑ a 100 % subsidiary company of Polimex-Mostostal – in the tender for the execution of works within the ‘Modernisation of the E 65/CE railway line along the Warsaw – Gdynia section’ project had been selected by the Ordering Party, the PKP Polskie Linie Kolejowe S.A.
The bid was made by a consortium of…
Polimex-Mostostal ended Q1 of 2010 with the following consolidated results:
- sales revenue amounted to 772 million PLN,
- net profit amounted to 17 million PLN,
- operating profit amounted to 32 million PLN,
- net margin amounted to 2.2 per cent,
- at present Group’s order portfolio amounts to 8.2 billion PLN (including consortium members) and 6.7 billion PLN (not including consortium members).
Decrease in revenues and profit as compared to the same period last year was brought about by several reasons such as…
Today, on 12 May 2010, the Board of Directors of Polimex-Mostostal S.A. has been informed that the Company’s bid in the unlimited tender for the construction of the Innovations and Advanced Technologies Centre of the University of Technology in Lublin has been selected as the most advantageous one by the receiving party, i.e. the University of Technology in Lublin.
Net contract value:
59,812,439.20 PLN (fifty-nine million, eight hundred twelve thousand, four hundred thirty-nine and 20/100)
Gross contract value:
72…