News
On 10 July 2024, Polimex Mostostal S.A. concluded an agreement with the State Treasury - Commander-in-Chief of the Border Guard for the implementation of the task entitled “Upgrading of the state border security at the physical barrier section of the land border with the Republic of Belarus".
The subject of the contract is the strengthening of the physical barrier spans through the design and installation of additional steel reinforcements for the barrier spans.
The gross remuneration for the contract will amount…
On 3 July this year, a contract was concluded between the State Treasury, represented by the Regional Infrastructure Management Board in Gdynia, and Polimex Infrastruktura sp. z o.o. for the completion of the project entitled “Upgrade of the training ground complex in Ustka”.
The completion date is 33 months from the date of signing the contract.
The remuneration for the contract is a lump sum and will amount to PLN 41,557,518.84 gross.
As part of the project, a training hall and training areas will be built, as…
Polimex Mostostal Group generated PLN 603 million in operating revenue in Q1 2024, compared to PLN 825 million in the result in Q1 2023. The company continues to feel the impact of the war across the eastern border, which affects the most the changing prices and deadlines for the largest contracts.
The Capital Group’s EBITDA for the first quarter of 2024 amounted to PLN 1 million, down by PLN 39 million compared to the corresponding period of 2023.
The Capital Group’s total net result for the three months of 2024…
Polimex Mostostal Capital Group presents its annual financial results. The operating revenue of the Polimex Mostostal Capital Group after 12 months of 2023 amounted to PLN 3,014 million compared to PLN 3,784 million in 2022. EBITDA of the Capital Group amounted in 2023 PLN -73 million and is lower by PLN 280 million compared to the result in 2022.
The Capital Group's net result in 2023 of PLN -123 million (-4.1%) is PLN 254 million lower than the result in 2022.
Selected financial data 2023 in PLN million
In…
On January 15, 2024, Polimex Mostostal SA and the TEDOM a.s. concluded a conditional agreement to establish a joint venture company - Polimex Energo sp. z o. o. Thanks to the results of the proceedings before the antitrust authorities becoming final, the company starts operating activities.
Polimex Energo sp. z o. o. is a specialized entity operating in the field of energy outsourcing in the production and sale of heat, cooling and electricity from high-efficiency cogeneration powered by natural gas, LPG, LNG,…
The Consortium of Polimex Mostostal and GE Vernova - represented in Poland by GE Power sp. z o.o. - has signed a contract the PGE Group and Ørsted for the project of constructing the onshore infrastructure necessary to transmit power from the Baltica 2 project - one of two phases of the Baltica offshore wind farm.
- "The contract signed today and Polimex Mostostal's participation in the execution of such an interesting investment as the construction of Baltica 2, one of the two stages of the Baltica Offshore…
On 29 December of this year, after two and a half years of work, a key task for urban public transport in Olsztyn was completed by a consortium comprising of Polimex Infrastruktura Sp. z o.o. - consortium leader, Polimex Mostostal S.A. - consortium partner and Trakcja S.A. Thanks to this project the city's residents will be able to use two new tram lines, which will connect the os. Pieczewo with the city centre and the junction at Olsztyn Central Station.
“This is an extremely important moment for our city,”,…
On 21 December of this year, a consortium comprising of Polimex Mostostal S.A. and Polimex Infrastruktura sp. z o.o. and BREMBO POLAND MANUFACTURING sp. z o.o. signed a contract for the construction, in the general contracting formula, of the BREMBO Poland Sp. z o.o. Production Plant in Dąbrowa Górnicza at ul. Ceramiczna.
The contract will see the construction of a new cast iron foundry building for brake disc production with an area of approximately 25,000 square metres, including a new primary production line,…
For the fourth time, Polimex Mostostal Capital Group has received the highest award for employers - the Golden Card of Safe Work Leader for 2024-2025, awarded by the Central Institute for Labour Protection - National Research Institute.
For the 25th time, the Central Institute for Labour Protection - National Research Institute has honoured companies and institutions carrying out particularly active and effective measures to improve human health and safety.
In recognition of its performance in the use of…
After three quarters of 2023, consolidated revenues of the Polimex Mostostal Group amounted to PLN 2,400 million, which is 16% lower than in the same period of 2022.
The Group's EBITDA for the first nine months of 2023 amounted to PLN 121 million, which translates into an achieved EBITDA margin of 5.0%.
The Group's total net result for January-September 2023 is PLN 54 million, which translates into a net profit margin of 2.2%.
"We present to you today the positive results of the Polimex Mostostal Capital Group…