The contract worth in excess of € 3,4 million (approx. PLN 14 million) covers the delivery of Elektrobudowa-manufactured switchgear and systems: synchronization and alarm, and also the electrical design for LondonEnergy - owner of the waste incineration facility in EcoPark, London (Edmonton).
We are warning against campaigns organised on crowdfunding sites to raise funds for supporting Elektrobudowa/purchase of Elektrobudowa shares, etc.
In the Annual General Meeting of Elektrobudowa held on 13 June the shareholders decided in favour of increasing the company share capital through issuing new, ordinary shares of series E. The AGM also voted on giving a discharge to the members of the Management Board and the Supervisory Board, changed the composition of the Supervisory Board and approved the company’s annual statements.
On 28 May 2019 Elektrobudowa concluded with financing institutions: Bank Handlowy, mBank, ING Bank Śląski, Haitong Bank and BNP Paribas, an agreement on funding the activity of the company.
Elektrobudowa presented its products and services also at this year's EXPOPOWER International Power Industry Fair in Poznań. The fair provided an opportunity for active sale of the company’s products and services and was an ideal platform for exchange of experience among professionals, as well as a chance to learn about the latest market trends and challenges of the power sectors.
Elektrobudowa Group announced its financial results for 2018. The revenue generated in this period amounted to PLN 763.5 million (-15.4% y/y).
After having won a tender, Elektrobudowa signed a PLN 31.5 million contract with ZGH Bolesław for the supply of electrical and I&C systems associated with completion of the investment task: New Cell House - a modern zinc electrowinning plant.
The International Court of Arbitration of the ICC in Paris issued a judgement in which it ordered Abener Energia (incorporated in Spain) to pay to ELEKTROBUDOWA the whole amount claimed by ELEKTROBUDOWA, including interest and costs of court proceedings.
On 17 April Elektrobudowa signed a further amendment to the contract with Areva for the installation of electrical systems, including cables and switching equipment, instrumentation & control systems and participation in start-up, in the Nuclear Island of the NPP OLKILUOTO 3, Finland
Elektrobudowa signed further contracts for supply of containerized electrical substations for PGE GiEK Oddział KWB Bełchatów.
It was the fifth time that Elektrobudowa presented its products and services at the world’s leading trade show for industrial technology - Hannover Messe. The offer was principally dedicated to such markets as MENA, East and the European Union.