Now it is the Polish construction industry that drives innovation
Translated from Polish, summarized and contextualized by DistantNews.
TLDR
- Budimex reports a strong financial position with a profitability of 9.5% last year and an order backlog exceeding 18 billion PLN.
- The company emphasizes its commitment to supporting its extensive network of over 15,000 subcontractors and suppliers.
- Budimex is reinvesting profits into new areas like data centers and renewable energy, alongside strengthening its technical infrastructure.
As a leading Polish construction company, Budimex is not only demonstrating robust financial health but is also actively shaping the future of the industry through innovation and a strong commitment to local partnerships. Our recent financial results, marked by a 9.5% profitability and an impressive 18 billion PLN order backlog, provide a solid foundation for continued growth and responsible bidding in tenders. This stability is crucial, not just for Budimex, but for the entire Polish construction ecosystem. We understand that our success is intrinsically linked to the strength of our supply chain, which includes over 15,000 subcontractors and suppliers. Ensuring their development and stable working conditions is a core part of our strategy, reflecting a deep commitment to 'local content' that goes beyond mere contract value. It's about creating jobs, fostering skills, and reinforcing Poland's domestic supply chain. Our significant tax contributions, totaling 2.6 billion PLN over the last four years, further underscore our dedication to the Polish economy. Moreover, we are not resting on our laurels. Budimex is actively reinvesting its earnings, allocating 600 million PLN last year to new ventures such as data centers and renewable energy, and enhancing our technical capabilities with modern equipment, including machinery from Polish manufacturer Newag. This forward-looking approach, focused on building value for Poland through employment, taxes, local collaboration, and reinvestment, positions Budimex at the forefront of national development.
Very good. We finished last year with a profitability of around 9.5 percent, and our order backlog is over PLN 18 billion.
Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.