Archive

Vienna, 17.11.2020 – Austria's second largest construction group, PORR, with about 20,000 employees, is expected to achieve a production output of more than EUR 5 bn in its 9 countries this year. The COVID pandemic also has a massive impact on PORR's business activities and, in addition to a revaluation of projects, will probably result in a negative EBT (earnings before taxes) in the range of EUR…

Warsaw, 30.10.2020 – PORR S.A. concluded the final agreement for selling 100% of shares in STAL-SERVICE Sp. z o.o. (whereas 80% of them belonged to PORR and 20% to Modzelewski & Rodek) to CELSA Huta Ostrowiec Sp. z o.o. The agreement was finalised upon receipt of UOKiK’s required consent.

Warsaw, 28.09.2020 – After nine weeks of works, PORR completed the structure of the almost 40-metre tall building A belonging to the SKYSAWA office and commercial building complex. The investment project of Polski Holding Nieruchomości S.A. is located at 36 Świętokrzyska Street in Warsaw and it will comprise two components – a lower one with four up to nine overground storeys and a 155-metre tall…

Warsaw, 27.08.2020 – A symbolic groundbreaking ceremony has marked the beginning of the works on the site of yet another stretch of express road S3 Legnica (A4) - Lubawka. PORR is in charge of executing task III on the section Bolków - Kamienna Góra Północ covered by a contract signed in October 2018. The task comprises, amongst others, the construction of the longest non-urban tunnel in Poland.…

Warsaw, 26.08.2020 – Placing a symbolic perch on top of the structure of the office building complex 3T Office Park – the largest office investment project in Gdynia - marked the completion of its building shell. The three towers of 3T Office Park reached their maximum heights – 39, 50 and 39 metres. The investment has been implemented by PORR S.A. since April 2019. It is planned to finish it in…

Coronavirus impacts production output and earnings Order backlog at an all-time high of over EUR 7.6 bn New direction and acceleration of the PORR 2025 transformation Uncertainty in 2020 continues; long-term positive trend intact Vienna, 26.08.2020 – The ongoing coronavirus pandemic impacted both production output (EUR 2.3 bn) and EBT (EUR -26.6m) and has led to a year-on-year decrease.…

Warsaw, 3.08.2020 – PORR S.A. and GAZ-SYSTEM signed a contract for the construction of ca. 85 kilometres of the southern section of the Poland – Lithuania pipeline (GIPL) located in the mazowieckie and podlaskie voivodeships. The contract covers the delivery of the necessary pipeline handling insfrastructure. Works will begin promptly and they will be finished within 24 months. The net value of…

Warsaw, 24.06.2020 – PORR S.A. and its partner, TGE Gas Engineering GmbH, signed a contract with Polskie LNG S.A. (GAZ-SYSTEM Group) for the design and extension of the on- and offshore parts of the Lech-Kaczyński LNG Terminal in Świnoujście. The total gross value of the two contracts signed today amounts to more than PLN 1.987 586 m (ca. EUR 448 m).

Warsaw, 1.06.2020 – PORR S.A. and the General Directorate for National Roads and Motorways signed a contract for completing the construction of the Wałcz ring road running along the S10 express road. The contract provides for finalizing road works on the main, almost 18-km long route. The task will be executed within 5 months. The gross contract value is about PLN 87.3 m (EUR 19.8 m).

Warsaw, 28.05.2020 – PORR S.A. and the General Directorate for National Roads and Motorways signed a contract for the design and construction of the S16 Olsztyn-Ełk in the section from Borki Wielkie to Mrągowo. Over a period of three years a 13-km long express road section and Mrągowo’s ring road will be built. The contract’s gross volume amounts to more than PLN 625 m (EUR 138 m).