Development Perspectives

Next year the Budimex Group will continue to operate in all major sectors of the construction market in Poland, as well as on the German market.

Infrastructural investments co-financed from the budget of the European Union (in particular road and railway projects) offer an opportunity for the Budimex Group to win new contracts. A slow-down in awarding new road construction tenders was visible in 2016, resulting in a significant drop in the value of contracts signed with the GDDKiA. On the other hand, PKP PLK commenced the process of awarding tenders in the second half of 2016. The investment process will continue in 2017, which should translate into new road and railway construction orders.

The Group also plans to consistently consolidate its position in the building objects construction segment and win new contracts in the energy and hydraulic engineering construction segments. Further development on the market of municipal services is also contemplated, as well as engaging in new projects on the basis of public-private partnerships.

In 2016, the Budimex Group companies signed construction contracts for a total value of PLN 5 691 million (with annexes). The value of the order portfolio of the Budimex Group as at 31 December 2016 amounted to PLN 8 930 million and was 6 per cent higher in comparison with the end of 2015.

In 2016, Budimex SA in turn signed construction contracts for a total value of PLN 5 480 million (with annexes). The value of the order portfolio as at 31 December 2016 amounted to PLN 8 771 million.

The structure of the Budimex Group’s order portfolio as at 31 December 2016 is as follows: