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The National Court Register registered the reverse split of Polimex-Mostostal shares. On September 18, 2015, an entry concerning the registration by the District Court for the capital city of Warsaw was made concerning the change of the Articles of Association of Polimex-Mostostal in the scope of the share capital. The change relates to the Company's shares reverse split process being carried out by the Company; it consists in consolidation of each 50 shares of the Company with the existing face value of PLN 0.04…
EBITDA of the Polimex-Mostostal Group for the first half of this year exceeded 77.5 million PLN and the Polimex-Mostostal Company - 53.7 million PLN. Operating revenues of the Group increased from 511 million PLN in the first quarter of 2015 to 607.1 million PLN in the second quarter of this year. In contrast, general and administrative expenses decreased from 18.5 million PLN in the first quarter of this year to 16.2 million PLN in the second quarter of this year. At the end of June 2015, the share of general…
To become the leading Polish industrial construction company, using the full potential of the EPC contractor model, balancing revenue and improving the process of implementation of contracts are the main tasks that Polimex-Mostostal SA assumed in its  sustainable development strategy for the years 2016-2020. - The foundations of the development of the Polimex-Mostostal Group have been prepared. The organization has undergone a huge restructuring. Employment has decreased by more than 9 thousand people (65.5%) in…
Erection of the steel structure of boiler No. 5 is ongoing on the construction site of two new power units at the Opole Power Plant. The works on the assembly started on August 17 - Assembly of the first column of the boiler facility is a traditional symbolic transition from the construction phase of works to mechanical assembly, to the substantial part of the construction of power units. This is a watershed moment - Zbigniew Wiegner from Polimex-Mostostal says, the director of the construction of two power units…
Polimex-Mostostal completed before time installation of boiler house steel structure of built power unit in Kozienice Power Plant. On the boiler house there was hanged a topping-out wreath. “We already started building this house,” explains Jan Stadnik, Director of Construction of Polimex-Mostostal. “The boiler house, as well as the adjacent engine house building, we enclose with panels in RAL 9006 colour – which corresponds visually to the dark silver facade. Panels on both sides are covered with a smooth sheet…
- In the interest of Polimex-Mostostal Group and its shareholders is consistent implementation of strategic objectives. The decision of the Supervisory Board to appoint Ms Joanna Makowiecka-Gaca as President is based on an assessment of the strategy of Polimex Mostostal Group, which received a positive opinion from the Supervisory Board a few weeks ago. “Today, the Supervisory Board decided that the chief architect of the strategy should take full responsibility for its implementation. Assessing the existing work…
In its report, Deloitte presents the situation of the fifty largest construction companies in the European Union whose shares are traded on the stock exchange. The current ranking of the 50 largest European construction companies - European Powers of Construction 2014 – includes only one Polish company - Polimex-Mostostal. The sales value of PxM in the year under review amounted to 502 million euros.
The Supervisory Board of Polimex-Mostostal expressed its positive opinion on the company's new strategy for the years 2016-2020, as previously adopted the Management Board of PxM. In line with the announcements, the Management Board of PxM presented, in June,  a new development strategy to the supervisory board whose main objective is to build the value of Polimex-Mostostal. The new plans assume to support the development of Polimex on two main pillars, i.e. the power and petrochemical industries will receive…
Marek Szczepański was appointed the Chairman of the Supervisory Board of Polimex-Mostostal.   The shareholders of the company appointed Mark Szczepański as the Chairman of the Supervisory Board of PxM on June 17 this year at the general meeting. Marek Szczepański, since February 2015, has been the Vice President of the Industrial Development Agency. There, he has been responsible for financial activities - he has been responsible for direct supervision of the departments responsible for financing development and…
The shareholders, at the General Meeting, authorized the Management Board of Polimex-Mostostal to conduct consolidation of the company's shares. Marek Szczepański was appointed to the Supervisory Board.  The shareholders of Polimex-Mostostal adopted resolutions allowing consolidation of the company's shares, among others: on the redemption of own shares, the conversion of registered shares into bearer shares, on the statute amendment.  The shareholders decided that the consolidation of shares is done by a…