Current Activities And Development

Operating segments and branches of the Parent Company

As at 31 December 2013, the Group conducted business in the following two operating segments:

• construction business,
• development activities and property management.

The construction business covers rendering of broadly understood construction and assembly services at home and abroad and is realised by the following Group companies:

• Budimex SA,
• Mostostal Kraków SA,
• Budimex Bau GmbH,
• Budimex Budownictwo Sp. z o.o.,
• Budimex Kolejnictwo SA,
• Tecpresa – Techniki Sprężania i Usługi Dodatkowe Sp. z o.o.
• Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. in bankruptcy open to arrangements (company purchased by Budimex SA on 16 November 2011. As a result of removing the company’s own management on 30 November 2012, the Budimex Group lost control over the company and the company was excluded from consolidation as of that date).

Development and property management services comprise preparation of land for investment, execution of investment projects in the field of residential building, sale of apartments and rental and management of property on own account. Included in this operating segment are the following Group companies:

• Budimex Nieruchomości Sp. z o.o.
• SPV-BN 1 Sp. z o.o.
• SPV-BN 2 Sp. z o.o.
• Budimex SA in the part relating to the development business, as a result of a merger with Budimex Inwestycje Sp. z o.o. on 13 August 2009.

As at 31 December 2013, the Parent Company operated the following branches:

• General Construction North Branch in Poznań, ul. Wołowska 92A,
• General Construction South Branch in Krakow, ul. Ujastek 7,
• General Construction East Branch in Warsaw, ul. Stawki 40,
• Infrastructure North Branch in Warsaw, ul. Stawki 40,
• Infrastructure South Branch in Krakow, ul. Ujastek 7,
• Infrastructure West Branch in Wrocław, at ul. Jana Długosza 2-6,
• Industrial and Railway Construction Branch in Warsaw, at u. Stawki 40,
• Equipment Services Branch in Pruszków, at ul. Przejazdowa 24,
• Branch in Rzeszów, ul. Słowackiego 24,
• Branch in Poznań, ul. Wołowska 92A,
• Budimex SA Zweigniederlassung Köln, Pferdmengesstr. 5, Cologne.

Other Group companies conducted activities abroad through the following branch offices:

• Branch in Germany of Budimex Danwood Sp. z o.o. (company sold on 2 December 2013),
• Branch in Austria of Budimex Danwood Sp. z o.o. (company sold on 2 December 2013),
• Branch in the United Kingdom of Budimex Danwood Sp. z o.o. (company sold on 2 December 2013),
• Branch in Germany of Mostostal Kraków SA,
• Tax Representative Office in Estonia (Narva) of Mostostal Kraków SA.