News
Mostostal Warszawa signed a contract with Echo Investment S.A. for the construction of the third stage of the residential estate "Nowy Mokotów" on Konstruktorska Street in Warsaw. Under the project will be erected 239 flats and apartments with total area of over 34,000 square meters. The expected value of the investment is calculated at 64 million zlotys and the completion deadline is forseen for the third quarter of 2017.
The construction of two new power units at the Opole Power Plant, the flagship investment of PGE Polish Energy Group and the largest investment in Poland since 1989, is entering the next stage. Mostostal Warszawa has just started assembly of a steel boiler unit, which will use 50,000 tons of steel.
The financial debt maturity profile of the group is very beneficial because bank loans and leasing account for only PLN 12.6 million. Corporate debt in relation to Acciona (PLN 211 million) was
Mostostal Warszawa has signed a contract for the construction of a unique residential project - Wawrzyńca19 - in the Kazimierz district of Kraków. The project envisages the building of a modern apartment complex in the power station that dates back to 1914. The value of the investment is estimated at over PLN 30 million.
Another stage of concreting work involving two new hard coal-fired boilers at the Opole Power Plant has been completed. Foundations for boiler No. 6 have been laid, making it the most extensive work of this type in Europe.
The opening ceremony of the new city stadium in Tychy took place on Saturday. This breathtaking facility is designed to accommodate 15,000 spectators and meets all the requirements of UEFA and FIFA. This is yet another showcase sports facility in the portfolio of Mostostal Warszawa – the main contractor of the PLN 129-million project.
During the 25th anniversary edition of the most prestigious Polish construction competition entitled "Construction of the Year" – prizes were awarded for projects completed by Mostostal Warszawa in three categories two of which won the first place. The Company also received a special award on the occasion of the 25th anniversary of the competition.
Over 30,000 employees nationwide will participate in Safety Week 2015 organised by the 10 largest national construction companies. As part of the event, Mostostal Warszawa conducted a series of training sessions and educational workshops for company employees and subcontractors. The greatest amount of interest was reserved for the fire service demonstrations, first-aid techniques and a presentation on safe work at heights.
While completing unit 5 and 6 construction works at the Opole Power Plant, Mostostal Power Development, a special purpose vehicle of Mostostal Warszawa SA, enters the project's subsequent completion stages. Today, it entered into a subcontract with Przedsiębiorstwo Modernizacji Urządzeń Energetycznych REMAK SA concerning completion of unit 5 and 6 pressure section at the Opole Power Plant. The gross value of the concluded agreement exceeds the PLN 158 million mark.
Mostostal Warszawa has finished a world's unique facility: Elbląg Canal. This inland waterway connecting Elbląg with, inter alia, Iława and Ostróda had been build about 150 years ago. On Sunday, May 30, shipping services encompassing the entire length of the canal have been restored.
Mostostal Warszawa has summed up its 70 years of operating in the Polish market. During that time, it has erected hundreds of bridges, industrial and chemical plants, residential buildings, office and public utility buildings, roads, sport facilities and the first section of the Warsaw subway line. Over all these years, despite economic fluctuations in the market, the company has always been involved in key Polish construction projects and has been ranked the leading general contractor