Artur Popko, president of Budimex, the largest construction company in Poland at a press conference, announced that the value of signed contracts signed year -on -year has dropped significantly, and the market situation is “demanding”.
– We see that we are in the phase of the prolonged slowdown on the market. GUS data show that after the first half of the year there is a downward trend of construction and assembly production-he said.
– GDDKiA and PKP PLK For 59 tender procedures, which were to be announced this year, they announced 12 tenders. We see aggressive offering on the market, which They do not cover investment costs many times He added.
“We expect […] more efficient launch of KPO funds ”
The group appeals to the contracting authorities to reliably approach the verification of offers.
– we expect greater predictability and acceleration of investment processes and more efficient launch of funds from KPO and EU funds. We urge the pace of proceedings to increase, because it will reduce pressure on the market – added Popko.
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As the president informed, he is visible revival in the energy and military segmentwhere more tenders are announced.
– The situation of the construction sector remains demanding, but we look at it with optimism, because the plans are promising – added Popko.
A decline in the plan by PLN 2 billion
– Our wallet is about PLN 17 billion. The incidence of the portfolio gives us a stable foundation for the next three years. We do not want to participate in the price war on the market – said President Artur Popko during a press conference.
The Budimex orders' portfolio at the end of June 2025 amounted to PLN 17.05 billion, compared to PLN 15.34 billion at the end of the first half of 2024. The value of contracts signed in the first half of 2025 amounted to PLN 2.46 billion compared to PLN 5.66 billion in the first half of 2024. Contracts in the waiting room.
Budimex is expecting a contract at PLN 6.5 billion in 2025 – said President Artur Popko.
– We do not maintain a contracting plan at the level of PLN 8.5 billion in 2025. We expect that we will achieve a contract of PLN 6.5 billion. The situation is demanding when it comes to the market and the specifics of signing contracts – said Popko.
In the entire six months of 2025, Budimex had PLN 3.95 billion in revenues, PLN 301.9 million EBIT and PLN 270.5 million net profit. In the same period, a year earlier, the group had PLN 4.04 billion in revenues, PLN 295.8 million EBIT and PLN 276.8 million net profit.
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– We assess the first half of the year – revenues remain at a comparable level, but we expect and do everything to increase this level at the end of the year. A large part of our contracts is design and build in the formula, so we have no completely influence on administrative processes, which is a challenge for us when it comes to revenues – said the president.
– It is noticeable that in previous years we saw the competition submitting offers below costs and they were new companies appearing on the market, and now we see Price pressure also from companies with an established market position He added.
