Mirbud S.A.

JHM Development Secures Major Investment Property in Poznań for Residential Project

On January 30, 2026, JHM Development S.A., a subsidiary of Mirbud S.A., finalized the acquisition of a significant investment property in Poznań, located in the Komandoria district. The purchased plot, covering an area of 12.2285 hectares, was acquired for a net value of PLN 421,180,000. The company plans to develop a large-scale residential project on the site, which will include over 2,000 multifamily housing units. The payment terms of the agreement include installment-based payments, and the contract adheres to standard provisions for such transactions.

This development aligns with Mirbud S.A.'s strategic focus on expanding its real estate segment through JHM Development, which contributes to the company's diversification and high-margin business activities.

Mirbud S.A. Secures €17.6 Million Contract for Construction of 7R Park Gdańsk V

Mirbud S.A., a leading Polish construction group, has signed a contract with 7R Projekt 47 Sp. z o.o. for the development of a warehouse and production hall, complete with social-office facilities and technical infrastructure. The project, named 7R Park Gdańsk V, will be located in Barniewice, Żukowo municipality, Pomeranian Voivodeship. The contract is valued at €17,606,067.54 net, marking a significant addition to Mirbud's portfolio.

The agreement underscores Mirbud's expertise in general construction and its ability to secure high-value contracts, further strengthening its position in the commercial construction segment.

Mirbud S.A. Secures Major Public-Private Partnership Contract in Marki

Mirbud S.A., a leading Polish construction group, has been selected as the preferred contractor for a significant public-private partnership project in Marki. The contract, awarded by the Municipality of Marki, involves the construction and modernization of three municipal roads and their maintenance over an 18-year period. The total value of the project amounts to PLN 327,989,742.99 gross, with PLN 181,992,665.10 allocated for construction works. The company will provide further updates upon signing the agreement.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on road construction and infrastructure projects, reinforcing its dominant position in the sector and expanding its backlog of high-value contracts.

PKP PLK Cancels Selection of Consortium Including Mirbud S.A. for Rail Baltica Projects

Mirbud S.A., in partnership with Torpol S.A., has been informed by PKP Polskie Linie Kolejowe S.A. about the cancellation of the consortium's offer selection for major Rail Baltica projects. The decision, based on a ruling by the National Appeals Chamber, affects contracts for the preparation of documentation and execution of construction works on the E75 railway line segments: Białystok-Knyszyn, Knyszyn-Osowiec, and Osowiec-Ełk. The unselected offer was deemed significant due to its substantial value and strategic importance for Mirbud S.A.

Relevance: This development directly impacts Mirbud S.A.'s expansion into the railway infrastructure segment, a key area of diversification outlined in its business strategy.

Mirbud S.A. Secures Major Residential Construction Contract in Wrocław

Mirbud S.A. has signed a significant contract with Apsys Stawowa sp. z o.o. for the redevelopment, expansion, and construction of a residential complex in Wrocław. The project includes the transformation of existing buildings into a multifamily residential complex, the construction of a new residential building with an underground garage, and necessary demolitions. The total net value of the contract is PLN 48,589,096. The agreement, signed on January 12, 2026, is considered a key development for the company due to its substantial value and strategic importance.

Relevance: This contract aligns with Mirbud S.A.'s core operations in general construction and strengthens its portfolio in the residential construction segment, contributing to its growth and diversification strategy.

Mirbud S.A. Secures Contract for Sidzina Bypass Construction Worth Over PLN 149 Million

Mirbud S.A., a leading Polish construction group, has signed a significant contract with the State Treasury, represented by the General Directorate for National Roads and Motorways (GDDKiA), for the construction of the Sidzina bypass along National Road No. 46. The total value of the contract is PLN 149,146,744.19 gross. The project is set to be completed within 39 months from the date of signing, excluding winter periods (from December 16 to March 15).

This contract highlights Mirbud S.A.'s strong position in the road construction sector and its ability to secure high-value public infrastructure projects, which are a core component of its business strategy.

Mirbud S.A. Secures Key Construction Project for Mercedes-Benz Manufacturing Poland

Mirbud S.A. has announced the receipt of signed letters of intent from PANATTONI BTS Sp. z o.o. for the construction of facilities in Jawor, Silesian Voivodeship, to support Mercedes-Benz Manufacturing Poland. The project includes the development of a warehouse-production building and a connector between existing buildings, with a total contract value of €25.67 million net. The first task, the warehouse-production building, is valued at €24.41 million net, while the second task, the connector, is valued at €1.26 million net. Mirbud S.A. will provide further updates upon the signing of the formal agreement.

Relevance: This project aligns with Mirbud S.A.'s core expertise in general construction and infrastructure development, particularly in the commercial and industrial sectors, and significantly contributes to its growing order backlog.

Mirbud S.A. Secures €29.7 Million Contract for Construction of Warehouse and Service Complex

Mirbud S.A., a leading Polish construction group, has signed a significant contract with ATO Poland Sp. z o.o. for the construction of a warehouse and service complex, including social and administrative spaces and accompanying infrastructure such as parking facilities. The contract, valued at €29.7 million net, underscores Mirbud's strong position in the general construction sector. The project will be executed in Warsaw, further solidifying the company's presence in commercial and industrial construction projects.

The agreement was classified as confidential information due to its substantial value and strategic importance to the company, aligning with Mirbud's ongoing efforts to expand its portfolio and maintain a robust backlog of orders.

Relevance: This contract highlights Mirbud's core expertise in general construction and its ability to secure high-value projects, contributing to the company's growth and financial stability.

MIRBUD S.A. Reports Financial Decline Amid Strategic Expansion and Operational Challenges

MIRBUD S.A., a leading Polish construction group, has reported a 17.3% year-on-year decline in revenue for the first nine months of 2025, amounting to PLN 1.95 billion. Operating profit (EBIT) fell by 24.2% to PLN 77.6 million, while net profit decreased by 22.1% to PLN 50.2 million. The company faced significant cash flow challenges, with operating cash flow at PLN -307.5 million, compared to PLN -159.3 million in the same period last year. Despite these challenges, total assets grew by 9.2% to PLN 2.64 billion, supported by a 3.6% increase in equity to PLN 1.13 billion.

The construction segment remained the dominant revenue driver, contributing 99.4% of total revenue, with key contracts including a PLN 446.7 million road construction project for GDDKiA and a PLN 188.5 million airport infrastructure project for AMW SINEVIA. The real estate development segment also showed activity, with new residential projects in Poznań, Gdańsk, and Żyrardów, generating PLN 67 million in revenue. However, the property rental segment faced setbacks due to the May 2024 fire at Marywilska 44, resulting in a temporary loss of rental income, though an insurance payout of PLN 110 million is expected.

Strategic expansion into rail infrastructure marked a significant milestone, with MIRBUD securing a PLN 46.5 million contract with PKP Polskie Linie Kolejowe and partnering with TORPOL S.A. for the Rail Baltica project, where MIRBUD holds a 50% share of the PLN 4.57 billion contract. Additionally, the acquisition of Interasphalt Sp. z o.o. for PLN 90 million in October 2025 further strengthens the company’s capabilities in infrastructure projects.

Despite macroeconomic challenges such as high inflation, rising interest rates, and geopolitical uncertainties, MIRBUD maintains a robust pipeline of contracts worth PLN 4.1 billion secured post-reporting period. The company’s focus on diversifying into rail and energy infrastructure, along with the planned reconstruction of Marywilska 44, is expected to support future growth.

Relevance: The article highlights MIRBUD S.A.'s financial performance, strategic expansions, and operational challenges, directly aligning with its business profile as a diversified construction and infrastructure leader in Poland.

Mirbud S.A. Reports Preliminary Financial Results for Q3 2025

Mirbud S.A., a leading Polish construction group, has announced preliminary financial results for the first three quarters of 2025. The company reported consolidated revenues of PLN 1.949 billion, gross profit of PLN 143 million, and net profit of PLN 50 million. On a standalone basis, Mirbud achieved revenues of PLN 1.297 billion, gross profit of PLN 105 million, and net profit of PLN 94 million. These figures are approximate and subject to adjustments in the final financial report for the period ending September 30, 2025.

Relevance: The article highlights Mirbud S.A.'s financial performance, showcasing its ability to maintain strong revenues and profitability, which is crucial for assessing its stability and growth potential in the construction and infrastructure sectors.