Budimex.pl

Current report no 26 / 2019

Date: April 24, 2019 10:57 AM

Construction of the PKN Orlen S.A Research and Development Centre in Płock – signature of a contract

The Management Board of Budimex SA announces that on 24.04.2019 a contract was concluded between Budimex SA and Polski Koncern Naftowy ORLEN Spółka Akcyjna with its registered office in Płock ul. Chemików 7, 09-411 Płock for turnkey construction (EPC) of the PKN Orlen S.A Research and Development Centre in Płock.

 

Contract value: PLN 167,000,000 net

 

Works commencement date: 24.04.2019

 

Works completion date: 18 months from the Contract date

 

Advance payment: 15% of net contract value

 

Other terms and conditions of the contract do not differ from the market standards.

 

The value of the contract exceeds the threshold of PLN 147,743 thousand net.

 

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Shareholdership structure as on 30.06.2018

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