News
Siemens Energy and Siemens Gas and Power GmbH & Co. KG have concluded an agreement on cooperation in the EU countries with Polimex Mostostal Capital Group
The companies will work in partnership in the process of acquiring selected contracts and during their implementation and procurement planning. The letter of intent has been concluded with regards to the construction of the gas and steam power units implemented by Siemens Energy in the European Union.
“The strategy of Siemens Energy Poland is…
Polimex Mostostal Capital Group has published positive financial results after the first quarter of 2020.
In spite of the COVID-19 pandemic and the resulting difficulties on the market and in the construction industry, the consolidated revenues of Polimex Mostostal Capital Group were reported at the level of PLN 351 million.
The positive EBITDA of the Capital Group for the first three months of 2020 was PLN 17 million (which constitutes an EBITDA margin at the level of 5%) and is higher by PLN 20 million…
Polimex Mostostal Capital Group has published its financial results for the year 2019. In spite of the adverse circumstances that affected the construction industry, the consolidated revenue of Polimex Mostostal Capital Group in 2019 amounted to approximately PLN 1.589 billion.
The positive EBITDA of the Capital Group for the year 2019 was PLN 96 million (which constitutes an EBITDA margin at the level of 6%) and is higher by PLN 34 million compared to the corresponding result in 2018.
The total net income…
On 27 March 2020 Naftoremont Naftobudowa Sp. z o.o., an entity of Polimex Mostostal Capital Group, concluded an agreement with PKN Orlen for the execution of the infrastructure works on the "Visbreaking Installation in the Production Plant in Płock".
The remuneration for the performance of the project is flat rate and amounts to PLN 106.8 million net. The agreement stipulates additional remuneration in the maximum amount of PLN 13.15 million net in case there is a necessity to execute certain scopes that…
The contract signing ceremony for the construction of two modern, high-performance and low-carbon generating units at the Dolna Odra Power Plant that took place on 30 January 2020 was attended by many notable guests, including President of the Republic of Poland Andrzej Duda, the Deputy Prime Minister and Minister for State Assets Jacek Sasin, the Minister for Climate Michał Kurtyka, the US Ambassador to Poland Georgette Mosbacher, as well as local Members of Parliament, representatives of voivodeship and…