Press releases

2015 was a good year for the UNIBEP Group.

2015 was a good year for the UNIBEP Group. Once again, the revenue of the Group exceeded one billion Polish złoty. We have also improved our results. We have strengthened in terms of personnel, growing by 159 employees.

In 2015, the UNIBEP Group signed contracts for a record high value: approx. 1.6 billion Polish złoty. We are a company which in 2015 won the most residential and commercial construction contracts in the Warsaw market. As a result, the portfolio of contracts of UNIBEP for 2016 amounts to approx. 1.2 billion Polish złoty, i.e. approximately 25% more than at the end of 2014.

The UNIBEP Group recorded an increase in sales compared to the previous year by approx. 15%, reaching PLN 1.24 billion. The Group generated more than 23 mln PLN net profit, i.e. approx. 11% more than in the previous year.

"2015 was a record-breaking year. We signed the largest ever contract for the construction of a commercial, shopping and entertainment centre called "Galeria Północna", which will be built in Warsaw. Its value exceeds a net amount of EUR 85 mln. We have also entered into the biggest contract in the area of industrial construction – we are building the milk powder factory for Spółdzielnia Mleczarska Mlekovita from Wysokie Mazowieckie. The contract value amounts to PLN 97.25 mln.

For the first time in history, we signed a contract for an S class national expressway: Extension of the national road No. 8 to S8 Warsaw – Białystok, from Poręba to Ostrów Mazowiecka (the value of the contract is approx. PLN 407 mln). As part of this investment, we are a partner in the consortium with PORR Infrastructure Polska SA. From our side there is a net amount of PLN 96 mln. This means that our road department is ready in terms of technology and personnel to work on large infrastructure projects.

We are diversifying our activity – in 2015 we bought an engineering company that builds bridges and crossings – Budrex-Kobi from Białystok. This is a significant strengthening of the road segment of our Group.

For the first time in the history of the Group we are a developer in the Norwegian market. Together with our Norwegian partner we are building two residential estates in the wooden modular construction technology. Much of this is due to Unihouse, a branch producing modular houses, which has become a recognisable brand in Norway. It is very likely that our modular houses will be built in other Scandinavian countries, as well as in Germany.

Unidevelopment SA, a developer from our Group, is successfully expanding its activity. In 2015, it broke its record for the number of sales of flats. There were 469 sales in total, 33 percent more than the previous year. And it has a record high land bank, which is a good sign for the future of this sector.

While the Russian market is in crisis, the Belarusian market is very promising. We have signed two contracts there – for the construction of a shopping centre in Grodno (worth approx. PLN 264 mln net) and the construction of a tennis centre in Minsk (worth over PLN 119 mln net). Both contracts can be financed by Polish banks with KUKE insurance. It is a prerequisite for the commencement of our investment.

All of our businesses have ambitious, but realistic plans for 2016. All of them also strengthened their competencies and personnel to develop their business activity.

The Unibep Group has the strength and resources to build its potential and undertake ever more ambitious tasks from year to year. We are a reliable and trusted business partner. Every day we cooperate with several thousand contractors who appreciate us for the fact that we fulfil our obligations.

The Group employs over 1,100 people, who can be proud to be a big part of our 65-year history.

More information Wojciech Jarmołowicz: ; tel. 604 418 848

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