01.09.2009
Construction of the roof structure for the football stadium in Gdansk Letnica
On 31st August 2009, the Company received a commission submitted by the Consortium of companies: Hydrobudowa Polska S.A. and Alpine Construction Polska Sp. z o.o., pursuant to which the Consortium comprising the Issuer as well as the PBG Technologia Sp. z o.o. company is to perform the prefabrication, manufacture and assembly of a steel structure for the roof of the football stadium to be erected in Gdansk Letnica known as the Baltic Arena. The value of the woks commissioned is PLN 93 million. The works performance deadline has been set on 13th August 2010. The commission constitutes a beginning of collaboration between the Company and the PBG Group. The contract conclusion is expected to take place in September this year.
The estimated value of the Company's portfolio of orders entailing the commission in question is ca. 527.7 million PLN (the portfolio covers export orders for 61.7 million euro) including the portfolio of orders for the year 2009 for the amount of ca. PLN 313.1 million (the portfolio covers export orders performed in 2009 for the amount of EUR 31.9 million). The portfolio value has been determined based on the euro exchange rates assumed by the Issuer for calculation of the orders.