Current reports
The Management Board of Budimex S.A. announces that on 28.08.2026 the Contracting Authority – POLSKIE SIECI ELEKTROENERGETYCZNE S.A. selected the offer of Budimex S.A. as the most advantageous in the tender procedure: Extension of the Ełk Bis substation along with the reconstruction of the 220/110 kV Ełk substation.
The information that our offer was evaluated the highest in the tender procedure was published on 29.07.2026 in current report No. 41/2026.
Offer value: PLN 195,490,350.32 net
of which the basic range PLN 179,493,524.21 net
Option right 1 PLN 10,182,953.00 net and/or
Option right 2 PLN 1,485,522.89 net and/or
Option right 3 PLN 4,028,350.22 net and/or
Option right 4 PLN 300,000.00 net
Date of commencement of works: the date of commencement shall be the date of signing the Agreement by the other party
Date of completion of works: 45 months from the date of conclusion of the Agreement
Warranty period: 60 months
Warranty period: 60 months
Advance payment: up to a total of 19% of net remuneration
Payment terms: 21 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Ensuring due performance: 5% of the gross price of the offer remuneration for the basic scope
Maximum value of the contractual penalty paid by the Contractor: 20% of the gross remuneration
The Ordering Party may seek damages in the amount exceeding the amount of the reserved contractual penalties, on the general terms set out in the provisions of the Civil Code, with the proviso that the liability of each of the Parties for non-performance or improper performance of this Agreement is limited to the equivalent of 100% of the Remuneration.
Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of PLN 188,771 thousand net.
The Management Board of Budimex S.A. announces that on 20.08.2026. The Contracting Authority – PKP Polskie Linie Kolejowe S.A. concluded an agreement with a consortium consisting of: Budimex S.A. (leader of 95% share), Budimex Kolejnictwo S.A. (partner of 5% share), for: Preparation of design documentation and execution of construction works as part of the task entitled: “Modernization of the section of railway line No. 16 Łęczyca – Kutno” carried out as part of the project entitled: “Selected works in the areas of railway junctions”.
The information that our offer was selected as the most advantageous was published on 30.06.2026 in current report No. 37/2026.
Contract value: PLN 302,464,588.00 net, including:
Basic range: PLN 300,756,588.00 net
Interface option: PLN 1,708,000.00 net
Date of commencement of works: the day after the signing of the contract by the other party
Date of completion of works: 1784 days from the date of conclusion of the contract
Warranty period: 60 months
Warranty period: 60 months
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party
Bank guarantee of good performance: 5% of the gross price specified in the offer for the Basic Range
Maximum value of the contractual penalty paid by the Contractor: 30% of the net remuneration
The parties reserve the right to seek supplementary damages, transferring the amount of the reserved contractual penalties to the amount of the actual damage suffered, including compensation resulting from the loss of funding under the funds from the European Union.
Other contractual conditions do not deviate from market standards.
The value of the contract exceeds the threshold of PLN 188,771 thousand net.
The Management Board of Budimex S.A. announces that as part of the project for the construction of a nuclear power plant in Poland in the municipality of Choczewo, which is to be implemented by the Bechtel-Westinghouse consortium for the benefit of Polskie Elektrownie Jądrowe Sp. z o.o., Budimex S.A. concluded on 5 August 2026 with Bechtel Polska Sp. z o.o. an agreement for the execution of earthworks and preparation of the construction site, including:
– leveling the area for investment,
– temporary access and transport roads, parking lots and material storage yards,
– temporary technical and social facilities,
– construction of temporary open ditches draining rainwater and erosion and silt protection systems.
Contract value: PLN 208,878,514.00 net
Contract start date: date of conclusion of the agreement
Contract end date: August 18, 2028
Warranty period: 24 months after the date of acceptance of the works by Bechtel Polska Sp. z o.o. or takeover for use. Bechtel Polska Sp. z o.o. has the right to extend the warranty for further 12-month periods for an additional fee.
Warranty period: 60 months counted from the date of takeover to use
Prepayment: none
Payment Terms: 30 days from the date of delivery Bechtel Polska Sp. z o.o.VAT invoices
Bank guarantee of good performance: 10% of the total contract value
Maximum value of the contractual penalty paid by the Contractor: The total amount of contractual penalties charged may not exceed 10% of the total value of the contract
The limit of liability of Budimex S.A. is 100% of the value of the contract with certain exclusions acceptable for this scope of works. Bechtel Polska sp. z o.o. is entitled to limit the subject matter of the contract.
Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of PLN 188,771 thousand net.
The Management Board of Budimex S.A. announces that on 29.07.2026 the Contracting Authority – POLSKIE SIECI ELEKTROENERGETYCZNE S.A. informed Budimex S.A. that its bid was evaluated the highest in the tender procedure: Extension of the Ełk Bis substation along with the reconstruction of the 220/110 kV Ełk substation.
The above does not mean that the offer of Budimex S.A. was selected as the most advantageous, as the tender evaluation procedure has not been finally completed.
Offer value: PLN 195,490,350.32 net
including the basic range PLN 179,493,524.21 net,
Option right PLN 1,10,182,953.00 net and/or
Option right 2 PLN 1,485,522.89 net and/or
Option right PLN 3 4,028,350.22 net and/or
Option right PLN 4,300,000.00 net
Commencement date: The commencement date will be the date of signing the Agreement by the other party
Date of completion of works: 45 months from the date of conclusion of the Agreement
Warranty period: 60 months
Warranty period: 60 months
Advance payment: up to a total of 19% of net remuneration
Payment terms: 21 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Ensuring due performance: 5% of the gross price of the offer remuneration for the basic scope
Maximum value of the contractual penalty paid by the Contractor: 20% of the gross remuneration
The Ordering Party may seek damages in the amount exceeding the amount of the reserved contractual penalties, on the general terms set out in the provisions of the Civil Code, with the proviso that the liability of each of the Parties for non-performance or improper performance of this Agreement is limited to the equivalent of 100% of the Remuneration.Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of PLN 188,771 thousand net.
In connection with providing the financial information to the holding entity of Budimex SA, i.e. Ferrovial SE, the Management Board of Budimex SA hereby discloses to the general public some selected financial information from the interim condensed consolidated financial statements of the Budimex Group, prepared in accordance with the International Accounting Standard 34 for the first half of 2026 and the comparable figures for the corresponding period of 2025.
Net revenue from sales of products, services, goods and materials: PLN 4,262,947 thousand as compared to PLN 3,947,283 thousand in the first half of 2025.
Gross profit on sales: PLN 611,197 thousand as compared to PLN 485,242 thousand in the first half of 2025.
Operating profit: PLN 308,957 thousand as compared to PLN 301,865 thousand in the first half of 2025.
Profit before tax: PLN 326,438 thousand as compared to PLN 336,246 thousand in the first half of 2025.
Net profit: PLN 251,593 thousand as compared to PLN 269,019 thousand in the first half of 2025.
Net profit attributable to shareholders of the parent company: PLN 249,666 thousand as compared to PLN 270,483 thousand in the first half of 2025.
Net profit of Budimex SA: PLN 324,885 thousand as compared to PLN 389,198 thousand in the first half of 2025.
The Budimex Group’s order book after the first six months of 2026 was PLN 17.86 billion compared to PLN 17.05 billion at the end of the first half of 2025.
The value of contracts signed by the Budimex Group in the first half of 2026 was PLN 4.89 billion as compared to PLN 2.46 billion in the first half of 2025.
The net cash position of the Budimex Group, including own cash and short-term securities less external financing sources, stood at PLN 1,200 million as at 30 June 2026. As at 30 June 2025, the net cash position of the Budimex Group was PLN 1,849 million.
The attached table presents the results of reporting segments of the Budimex Group for the first half of 2026 and comparable data for the corresponding period of 2025.
The Management Board of Budimex SA announces that on 06.07.2026 the General Directorate for National Roads and Motorways Rzeszów Branch has selected the offer of Budimex SA as the most advantageous in the tender procedure entitled “Design and construction of the Brzostek and Kołaczyce bypass along the national road No. 73 with a length of approx.13.4 km”.
The information that our offer was rated the highest in the tender procedure was published on 09.06.2026 in current report No. 33/2026.
Offer value: PLN 356,877,592.30 net
Date of commencement of the contract: the date of conclusion of the Agreement by both Parties
Contract End Date: 39 months from the date of conclusion of the contract
The time of execution of the Works does not include winter periods (i.e. from 1 December to 31 March). The time covered by the design includes winter periods (i.e. from 01 December to 31 March)
Warranty period: up to 15 years
Warranty period: 60 months from the date indicated in the Certificate of Takeover
Advance payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Bank guarantee of good performance: 10% of the Accepted Gross Contract Amount
Maximum value of the contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Ordering Party reserves the right to claim supplementary damages transferring the amount of contractual penalties to the amount of the damage actually suffered, incurred or may arise in connection with the non-performance or improper performance of the Agreement by the Contractor.
Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of PLN 188,771 thousand net.
The Management Board of Budimex SA announces that on 03.07.2026r. The Municipal Water and Sewerage Company in the city ofWarsaw, SA informed the Company that its bid was evaluated the highest in the tender procedure entitled “Modernization of the “Czajka” Sewage Treatment Plant in the field of sludge management – construction of a complex of separate Digesters with accompanying infrastructure and other technological works.
The above does not mean that the bid of Budimex SA was selected as the most advantageous, as the bid evaluation procedure has not been finally completed.
Offer value: PLN 323,366,839.00 net
Date of commencement of works: no later than 30 days after the entry into force of the Contract
Date of completion of works: 40 months from the date of conclusion of the Contract
Warranty period: 36 months from the date of issue of the Certificate of Performance
Warranty period: 36 months from the date of issue of the Certificate of Performance
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Bank guarantee of good performance: 5% of the total price specified in the Contractor’s Offer (including VAT)
Maximum value of the contractual penalty paid by the Contractor: 20% of the Approved Contract Amount
The Contracting Authority has the right to claim compensation on general terms when the amount of damage exceeds the agreed contractual penalty.
Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of PLN 188,771 thousand net.
The Management Board of Budimex S.A. announces that on 30.06.2026. The Contracting Authority – PKP Polskie Linie Kolejowe S.A. selected the offer of the Consortium consisting of: Budimex S.A. (leader of 95% share), Budimex Kolejnictwo S.A. (partner of 5% share) as the most advantageous in the tender procedure for: Development of design documentation and execution of construction works as part of the task entitled: “Modernization of the section of railway line No. 16 Łęczyca – Kutno” carried out as part of the project entitled: “Selected works in the areas of railway junctions”.
Offer value: PLN 302,464,588.00 net, including:
Basic range: PLN 300,756,588.00 net
Interface option: PLN 1,708,000.00 net
Date of commencement of works: the day after the signing of the contract by the other party
Date of completion of works: 1784 days from the date of conclusion of the contract
Warranty period: 60 months
Warranty period: 60 months
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party
Bank guarantee of good performance: 5% of the gross price specified in the offer for the Basic Range
Maximum value of the contractual penalty paid by the Contractor: 30% of the net remuneration
The parties reserve the right to seek supplementary damages, transferring the amount of the reserved contractual penalties to the amount of the actual damage suffered, including compensation resulting from the loss of funding under the funds from the European Union.
Other contractual conditions do not deviate from market standards.
The value of the offer exceeds the threshold of 188,771 thousand net.
The Management Board of Budimex S.A. announces that it has received information from the Contracting Authority on the cancellation of the activity referred to in current report no. 67/2025 of 09.12.2025 by rejecting the offer of the consortium of companies consisting of Budimex S.A. (Consortium Leader share 52.86%) and ENGITEC TECHNOLOGIES S.P.A. (Consortium Partner share 47.14%).
The Management Board of BUDIMEX S.A., with reference to current report 33/2022 of 26.05.2022, current report 64/2024 of 30.10.2024 and current report 2/2025 of 17.01.2025, informs that on 17.06.2026 a settlement was concluded before the mediators of the General Prosecutor’s Office of the Republic of Poland regarding the contract for the design and construction of a turnkey power unit at the Turów Power Plant (the “Contract”) implemented by a consortium of MPE Deutschland GmbH(formerly Mitsubishi Power Europe GmbH), Budimex SA and Tecnicas Reunidas SA in performance of a contract awarded by PGE Górnictwo i Energetyka Konwencjonalna S.A. with its registered office in Bełchatów (the “Ordering Party”).
Budimex S.A.’s share in the Consortium is 23.58%. According to the agreement of the consortium members, Budimex S.A. participates in the same amount of money.
As part of the settlement, the members of the Consortium undertook to pay jointly and severally to the Ordering Party the total amount of PLN 135,000,000.00 (the “Settlement Amount”). In addition, taking into account the claims of both parties covered by the lawsuits, which we informed about in current report 2/2025, the price of the contract has been reduced by PLN 56,800,000.00 net and the Contractor will not claim the unpaid part of the remuneration in the amount of PLN 164,275,000.00 net or the reimbursement of the amount drawn from the guarantee of due performance of the Contract in the amount of PLN 134,560,428.55 net.Pages
waive, upon payment of the Settlement Amount, all existing and future claims arising from the Contract.
The settlement will be submitted to the court for approval at the request of the parties. The amount of the Settlement will be due within 30 days from the date of the court’s decision approving the settlement becoming final.
Budimex S.A. has previously created a provision to cover claims submitted by the Ordering Party, taking into account the assessment of litigation opportunities. Therefore, the conclusion of the settlement agreement and its performance will be irrelevant to the financial result of Budimex S.A.
With reference to the current reports listed below on the conclusion of agreements and previous indexation annexes:
Current Report No. 28/2020 of 12.05.2020, Current Report No. 46/2020 of 10.07.2020, Current Report No. 54/2020 of 11.09.2020, Current Report No. 32/2021 of 16.04.2021, Current Report No. 44/2021 of 14.05.2021, Current Report No. 60/2021 of 29.07.2021, Current Report No. 65/2021 of 06.09.2021, Current Report No. 39/2022 of 04.07.2022, and Current Report No. 45/2022 of 22.07.2022, Current Report No. 54/2022 of 26.08.2022 and Current Report No. 71/2023 of 12.12.2023
The Management Board of Budimex S.A. announces that on 15 June 2026 Budimex S.A. and the State Treasury – General Director of National Roads and Motorways in Warsaw concluded further indexation annexes to the following agreements, the subject of which is the execution of the investment entitled:
- “Design and Construction of the Suchowola Bypass along the National Road No. 8”,
- “Design and Construction of the Sztabin Bypass along the national road No. 8”,
- “Design and execution of construction works for the task “Construction of the S1 Kosztowy – Bielsko-Biała road. Section IV Oświęcim Bypass (DK 44 GP class)”,
- “Design and construction of the Leipzig bypass along national road No. 79”,
- “Design and construction of the S1 Kosztowy – Bielsko-Biała road, Section I/B “Kosztowy II” junction (with the junction) – “Bieruń” junction (without the junction)”,
- “Construction of the S1 Pyrzowice – Kosztowy road, Podwarpie – Dąbrowa Górnicza section (reconstruction of DK 1)”,
- “Construction of the S6 expressway on the section Słupsk – Bożepole Wielkie. Task 5: v. Leśnice (without a knot) – in the village of Bożepole Wielkie (without a knot)”,
- “Design and construction of the S7 expressway on the section Płońsk – Czosnów Section III from the “Modlin” junction (with the junction) to the “Czosnów” junction (without the junction)”,
- “Construction of the Tri-City Metropolitan Bypass divided into 2 parts: Part No. 1: Chwaszczyno junction (without junction) – Żukowo junction (without junction)”,
- “Design and construction of the S19 road on the section Haćki – Bielsk Podlaski Zachód junction (with the junction) with the section of national road No. 66 to the existing national road No. 19”. The subject of the annexes concluded on 15 June 2026 is to increase the maximum indexation limit for contract works from +/- 15% to +/- 25% of the Accepted Net Contract Amount.
In accordance with the provisions of these annexes, the amounts paid to the Contractor for construction works performed after 24.02.2022 will be adjusted to reflect price increases or decreases based on the product price indices published by the President of the Central Statistical Office specified in the annex, until the remuneration increased or reduced in this way reaches the new indexation limit of +/- 25% of the Accepted Net Contract Amount, with the current indexation to a limit of +/- 15% of the Accepted Net Contract Amount.
Budimex in numbers
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Budimex Group’s order backlog at the end of 2023 (PLN billion )
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Budimex Group’s revenues in 2023 (PLN million )
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EBIT of the Budimex Group in 2023 (PLN M )
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completed construction contracts
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