News
Mostostal Siedlce is one of the four strategic companies of the Polimex-Mostostal Group.
The steel structures plant in Siedlce was separated from the structures of Polimex Mostostal and since February 12, 2016, has functioned as a separate company - Mostostal Siedlce Sp. z o.o. Sp. k.
The organized part of the company which was transferred from Polimex Mostostal to Mostostal Siedlce includes machines and equipment, inventories, receivables, cash, trade liabilities and employees (1580 people). The estimated value…
Concreting for the foundations of a turbine generator unit was completed in 30 hours. It marked yet another important stage of works carried out by Polimex-Mostostal for Opole Power Plant.
The turbine generator unit foundations in power unit No. 6, similarly to the foundations in power unit No. 5, are supported on 58 vibration dampers affixed to 14 poles which are 12 m high (above the ground level).
Concreting started at 4.30 PM on December 28 and was completed in 30 hours. Concrete was distributed by means of…
As of January 4, 2016 Polimex-Mostostal shares will be listed in WSE continuous trading system.
The Management Board of the Warsaw Stock Exchange announced in its communication about the update of the alert system that Polimex-Mostostal shares will be re-listed in the continuous trading system. This is the result of the company's share reverse split process that was completed in October 2015.
As of January 4, 2016 the company's shares will not longer be included in the alert list and single-price quotation system…
Naftoremont-Naftobudowa entered into a contract with a Netherlands-based Technip Benelux, and Polimex Energetyka will modernize boilers in power units 4 and 5 at the Kozienice Power Plant.
Under the concluded contract, Naftoremont-Naftobudowa will prefabricate and install pipelines for steam cracking reactors in Unipetrol refinery in Litvinov, Czech Republic.
The value of the contract amounts to € 8.45 M (nearly PLN 36 M). It is estimated that the project will be completed by August 2016.
Polimex Energetyka was…
Elektron-Inwestycje admitted to have acted in bad faith when applying for declaring Polimex-Mostostal bankrupt.
"Elektron-Inwestycje Sp. z o.o. with its registered office in Świętochłowice represents and admits that its application to the District Court for the capital city of Warsaw to declare Polimex Mostostal S.A. bankrupt was filed in bad faith and was groundless" - reads the statement published in "Puls Biznesu" daily.
Due to the absence of the title to bring the action before the court, in January 2015 the…
PGE Polska Grupa Energetyczna and Polimex Energetyka signed a contract for the upgrade of boilers in power units 1-3 at Turów Power Plant. The value of the contract amounts to over PLN 417 million.
The upgrade of CFB-670 boilers is a part of the upgrade project of power units 1-3 at Turów Power Plant. The aim of this project is the optimal usage of production units, and in particular elimination of forced outage that had the largest impact on the availability of the power units 1-3, and adjustment of generating…
Operating revenues of the Polimex Mostostal Group for 3 quarters 2015 exceeded PLN 1.8 billion and were 29 percent higher than the revenues obtained during the same period of last year.
Profit of the Polimex-Mostostal Group for the period from January to September this year amounted to PLN 75 million. General and administrative costs amounted during that period to PLN 56.8 million, i.e. 9 percent less than during 3 quarters 2014.
- Financial results for the third quarter show that Polimex -Mostostal is…
The Polimex-Mostostal Group will execute a contract for delivery and erection of steel structures for the needs of the combined cycle power plant in PKN Orlen, which is completed by Siemens.
The scope of the contract executed by the Polimex-Mostostal Group covers the deliveries and erection of steel structures for the main process buildings. The approximate 3,500 tons of steel elements delivered by Polimex-Mostostal will be used to build the main structure of the process buildings including their enclosure and…
Today, the President of Poland, Andrzej Duda, appointed Joanne Makowiecka-Gaca, President of the Management Board of Polimex-Mostostal as a member of the Social Dialog Board.
The Social Dialog Board, which will replace the Tri-Partite Commission, is composed of 59 persons - representatives of organizations of employers, trade unions and the government party. The OPZZ, Trade Unions Forum and NSZZ "Solidarność" will have eight members each, and six members will be appointed from each of four employer organizations:…
Polimex-Mostostal S.A. has completed the reverse split of shares in the ratio of 50:1.
Share trading in the single price trading system was resumed on October 14, 2015. The purpose of the reverse split of shares was the company's return to the main trading floor of the Warsaw Stock Exchange. The company will resume trading in the continuous trading system upon decision of the Management Board of the Warsaw Stock Exchange.
As a result of the reverse split, a total of 86,618,802 series A shares of Polimex-Mostostal…