Mirbud

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.

Mirbud S.A. Secures Contract for Shopping and Service Center in Konstantynów Łódzki

Mirbud S.A. has signed a significant contract with BIG Konstantynów Sp. z o.o. for the design and construction of a Shopping and Service Center in Konstantynów Łódzki. The project, valued at PLN 36.75 million net, will be executed under the "design and build" formula and includes the development of necessary infrastructure. The agreement, finalized on November 19, 2025, represents a substantial addition to Mirbud's portfolio and underscores the company's expertise in general construction projects.

Relevance: This contract aligns with Mirbud S.A.'s core business in general construction, particularly in commercial infrastructure, and contributes to the company's growing backlog of high-value projects.

Mirbud S.A. Secures Major Rail Baltica Contract as Part of Consortium

Mirbud S.A., a leading Polish construction group, has been selected as part of a consortium with TORPOL S.A. to execute a significant project for PKP Polskie Linie Kolejowe S.A. The contract involves the preparation of executive documentation and the execution of construction works on the E 75 Rail Baltica line, covering sections from Białystok to Knyszyn, Knyszyn to Osowiec, and Osowiec to Ełk. The total contract value amounts to PLN 4.57 billion gross, with Mirbud holding a 50% share in the consortium.

The project includes a basic scope valued at PLN 2.65 billion gross, along with several optional components. The contract is set to be completed within 38 months from the signing date. The selection of the consortium's offer was based solely on price criteria, with the project being a critical addition to Mirbud's growing portfolio in the railway infrastructure sector.

This development underscores Mirbud's strategic expansion into the railway segment, aligning with its diversification goals and strengthening its position in high-value infrastructure projects.

Mirbud S.A. Secures Major Road Construction Contracts Worth Nearly 198 Million PLN

Mirbud S.A., a leading Polish construction group, has signed two significant contracts with the Inowrocław County for the design and construction of road infrastructure. The projects, valued at a total of 197,761,702.93 PLN gross, involve the expansion of roads in the Inowrocław-Solec Kujawski and Nowa Wieś Wielka-Leszyce areas. The contracts are divided into two parts:

• Part 1: Design and construction of the Inowrocław-Rojewo-Jezuicka Struga-Stara Wieś section, valued at 131,416,123.97 PLN gross.
• Part 2: Design and construction of the Leszyce-Nowa Wieś Wielka section and the Solec Kujawski Industrial Park connection, valued at 66,345,578.96 PLN gross.

Both projects are to be completed within 37 months from the signing date. The contracts are classified as significant due to their value and strategic importance for Mirbud S.A.

Relevance: This development aligns with Mirbud S.A.'s core business focus on road construction, which constitutes the dominant segment of its backlog, and reinforces its strong position in public infrastructure projects.

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

Mirbud S.A., a leading Polish construction group, has been selected by the General Directorate for National Roads and Motorways (GDDKiA) in Opole as the contractor for the construction of the Sidzina bypass on National Road No. 46. The project, awarded through an open tender process, is valued at PLN 149,146,744.19 gross. The company will provide further updates upon the signing of the contract.

The selection of Mirbud's offer underscores the company's strong position in the road construction sector, which constitutes the dominant segment of its order backlog. This contract further solidifies Mirbud's role as a key player in Poland's infrastructure development.

Mirbud S.A. Nears 10 Billion PLN Backlog Target with New Contracts

Mirbud S.A., a leading Polish construction group, has reported a backlog of nearly 8.9 billion PLN at the end of Q3 2025, moving closer to its annual target of 10 billion PLN. The company secured two significant road construction contracts in September, totaling 335.2 million PLN net. The first involves the design and construction of the Wschowa and Dębowa Łęka bypass along National Road No. 12, valued at 128.74 million PLN net. The second contract, worth approximately 226.5 million PLN net, covers the design and construction of National Road No. 9 between Skaryszew and the beginning of the Iłża bypass. Additionally, Mirbud signed a 50 million PLN agreement for a real estate development project. Infrastructure projects dominate the company's portfolio, accounting for 7.2 billion PLN of the total backlog. Mirbud also aims to expand its railway segment, targeting 1 billion PLN in contracts by year-end, with one railway contract worth 57 million PLN secured so far. The company has produced 766,400 tons of bituminous mass for ongoing projects this year.

Relevance: This article highlights Mirbud S.A.'s strategic progress in expanding its backlog, particularly in infrastructure and railway segments, aligning with its business profile and growth objectives.