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Commentary on results for Q3 2015

Executive Commentary of the Chairman of the Management Board of Budimex S.A., Dariusz Blocher, on financial data from the consolidated financial statements of the Budimex Group for three quarters of 2015

Budimex signs contract with PKN ORLEN SA

On 21 October 2015, Budimex signed a contract with Polski Koncern Naftowy Orlen for the construction of a complete state-of-the-art multi-chamber reactor installation for decarbonization processes together with related facilities on the EPC basis (Engineering, Procurement and Construction).
The value of the contract amounts to PLN 27.5 million net. Budimex is required to perform it by the end of 2016.
 

Budimex to build section of S3 express road from Zielona Góra to Niedoradz

On 20 October 2015 the consortium of Budimex (95%, leader) and Ferrovial Agroman signed with the Zielona Góra Division of the General Directorate for National Roads and Motorways a contract for the construction of the 13.3 kilometre-long second carriageway of the S3 express road from Nowa Sól to Sulechów. The net value of the contract amounts to PLN 158 million.
The S3 express road section to be built by Budimex will run parallel to the existing western carriageway of the S3 within Zielona Góra, Racula and Niedoradz.

Budimex to construct 19 km long section of S7 express road

On 9 October 2015 Budimex signed a contract for the construction of the 19.1 kilometre-long section of expressway S7 between Nowy Dwór Gdański and Kazimierzowo with Gdańsk Branch of the General Directorate for National Roads and Motorways. The value of the contract is PLN 1.3 billion net.

Budimex has completed another tram contract in Toruń

On 7 October 2015, after less than two years from signing the contract, the cross-city tram line rebuilt by Budimex from the Toruń Miasto junction to aleja Solidarności and the transfer node at the Toruń Miasto railway station.

Budimex to construct the Kępno ring road

On 7 October 2015 Budimex signed with the Opole Branch of the General Directorate of National Roads and Motorways an agreement for the design and construction of the first part of Kępno ring road, a segment of the S-11 express road. Budimex is going to build this road for PLN 53.7 million net.

Budimex signed new contract for construction of the S6 Płoty–Kiełpino expressway

On 05 October 2015, Budimex signed with the Szczecin Branch of the General Directorate of National Roads and Motorways an agreement for the design and construction of the S6 expressway on the section from the end of the Płoty bypass to the Kiełpino junction (including the junction). Budimex is going to build this road for PLN 206.5 million net.

Suwałki are going to have a ring road

On 29 September 2015 Budimex signed with the Białystok Branch of the General Directorate for National Roads and Motorways a contract for the design and construction of a ring road for Suwałki. The value of the contract is PLN 243.5 million net.

Budimex to construct 19 km-long section of S6 Goleniów – Nowogard express road

On 29 September 2015 Budimex signed a contract for the design and construction of the S6 express road between Goleniów and Nowogard with the Szczecin Branch of the General Directorate for National Roads and Motorways. The value of the contract amounts to PLN 279.6 million net.

Budimex a laureate of the 2015 Quality International’s Highest Quality competition

In the 9th edition of the nation-wide 2015 Quality International’s Highest Quality programme organised by Forum Biznesu under the patronage of the Ministry of Economy, Polish Agency for Enterprise Development and Polskie Forum ISO 9000 Club, Budimex has received the title of Laureate and a Gold Emblem in the IQ Services – services of the highest quality category.

Budimex to construct a railway connection in Kraków

On 16 of september the consortium of Budimex SA (Consortium leader) and Ferrovial Agroman SA (Consortium partner) signed a contract with PKP SA for construction of the Kraków Zabłocie – Kraków Krzemionki railway connection. The net value of the contract is PLN 209.7 million.

Siennicki bridge has been commissioned

Siennicki bridge, connecting Gdańsk city centre with Stogi and Przeróbka districts, was opened for traffic on 16 September this year.

Budimex will finish the construction of the Regional Court in Zamość

On 15 September 2015, Budimex signed the contract with the regional Court in Zamość for the completion of the new Court building.

Opening of the Gdynia Film Centre

13 September 2015 — 21 months after the agreement was signed — saw the opening ceremony of the Gdynia Film Centre.

Budimex will build the EQilibrium office building in the Warsaw district Wola

On 10 September 2015, Budimex concluded with Grupa Waryński contract for construction of the EQlibrium office building that will be located at the junction of Jana Kazimierza and Ordona Streets in the Warsaw district Wola. The value of the contract amounts to PLN 56.5 million net.

September 2, 2015 The Board Member resignation
The Board Member resignation

The Board of Budimex SA received on 09.02.2015 r. a notice of resignation by Andrzej Artur Czynczyk

The inauguration of the Pomeranian Metropolitan Railway

On 1 September 2015 the first passengers will travel by the new railway line that will connect the Tri-city and the Gdańsk airport in Rębiechowo.

Budimex completes works at Warsaw Chopin Airport

The extension of the takeoff area at the Warsaw Fryderyk Chopin Airport has been completed. The project has been co-financed by the EU Operational Programme Infrastructure and Environment. Since April 2013, Budimex has simultaneously completed three contracts with a total value of PLN 205.7 million net at the site.

Budimex to extend the Army Clinical Hospital in Lublin

The Army Clinical Hospital with Polyclinic in Lublin has chosen the tender of Budimex for the construction of the central operating block and the upward extension of the main hospital building. The net tender price is PLN 46.9 million.

Two bids of Budimex chosen in the S17 road construction tender

On 21 August 2015, the Lublin Branch of the General Directorate for National Roads and Motorways announced the selection of two bids of Budimex for the design and construction of two sections of the S17 express road Garwolin – Kurów: from Garwolin to Gończyce (PLN 234.6 million net) and from Gończyce to the border of the Lublin and Mazovian Voivodeships (PLN 255 million net).

 
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