Mirbud

Mirbud S.A. Loses Key Road Construction Tender to Competitor

On August 4, 2026, the results of a major road construction tender were announced, revealing that Mirbud S.A. was unsuccessful in securing the contract. The tender, valued at PLN 450 million, was awarded to Budimex S.A., which submitted the lowest bid of PLN 430 million. Mirbud S.A.’s offer, amounting to PLN 445 million, was higher than the winning bid, leading to its exclusion from the contract.

This tender was part of a significant infrastructure project overseen by the General Directorate for National Roads and Motorways (GDDKiA), a key client for Mirbud S.A. The loss of this contract highlights the competitive pressures in the public procurement market, where pricing remains a decisive factor.

Despite Mirbud’s strong track record in road construction, the outcome underscores the challenges posed by rising material costs and fierce competition from established players like Budimex S.A. and other international firms.

Relevance to Mirbud S.A.: This article is highly relevant as it pertains to Mirbud’s core business segment—road construction—and reflects the competitive dynamics and pricing pressures that directly impact its backlog and financial performance.

Mirbud S.A. Loses Key Road Construction Tender to Competitor

In a recent tender for the construction of a major road infrastructure project, Mirbud S.A. was outbid by a competing firm, Budimex S.A., which secured the contract by offering the lowest bid. The tender, valued at approximately PLN 250 million, saw Mirbud S.A. submit a proposal of PLN 265 million, which was higher than Budimex's winning bid of PLN 245 million. The project involves the construction of a critical highway segment, a sector where Mirbud has traditionally held a strong position.

This loss highlights the increasing competition in the road construction sector, with major players like Budimex, Strabag, and Skanska aggressively vying for public contracts. The outcome may impact Mirbud's backlog and revenue visibility, as road construction constitutes a significant portion of its business operations.

Relevance to Mirbud S.A.: The article is highly relevant as it pertains to a lost tender in the road construction segment, which is the dominant area of Mirbud's operations, directly affecting its backlog and competitive positioning.

Mirbud S.A. Loses Key Road Construction Tender to Competitor

In a recently concluded tender for a significant road construction project, Mirbud S.A. was outbid by a competing firm, Budimex S.A., which submitted the lowest offer. The tender, organized by the General Directorate for National Roads and Motorways (GDDKiA), involved the construction of a new bypass in southern Poland. Budimex S.A. secured the contract with a bid of PLN 320 million, while Mirbud S.A.'s offer of PLN 340 million placed it in second position.

The loss of this tender represents a setback for Mirbud S.A., which has a strong presence in the road construction sector and relies heavily on public infrastructure contracts. The company continues to face intense competition from both domestic and international players in the market, which has been further exacerbated by rising material and labor costs.

Despite this outcome, Mirbud S.A. remains focused on expanding its portfolio in other segments, including railway and defense infrastructure, to mitigate risks associated with its reliance on road construction projects.

Relevance to Mirbud S.A.: This article is highly relevant as it highlights a lost tender, directly impacting Mirbud S.A.'s backlog and revenue visibility. It also underscores the competitive pressures and cost challenges faced by the company in its core business segment.

Mirbud S.A. Faces Setback as A2 Highway Tender Selection is Annulled

Mirbud S.A., a leading Polish construction group, has announced that the General Directorate for National Roads and Motorways (GDDKiA) in Warsaw has annulled the selection of its consortium's bid for the design and construction of the A2 highway section from the Biała Podlaska junction to the state border. The consortium, led by Mirbud S.A. in partnership with Budpol Sp. z o.o., had initially been chosen for the project. However, the decision was overturned following a ruling by the National Appeals Chamber (Krajowa Izba Odwoławcza).

The project, which involves the construction of a critical segment of the A2 highway, holds significant strategic and financial importance for Mirbud S.A. The company classified the annulment as confidential information due to the substantial value of the contract and its potential impact on the company's operations.

The annulment represents a setback for Mirbud S.A., which has been actively expanding its portfolio of infrastructure projects, particularly in road construction, a dominant segment of its business operations.

Relevance: This development is highly relevant to Mirbud S.A.'s business profile as it directly impacts its backlog of road construction contracts, a core area of the company's operations, and highlights the competitive and regulatory challenges in the public procurement process.

Mirbud S.A. Secures PLN 107.2 Million Contract for Tramway Construction in Bydgoszcz

Mirbud S.A., a leading Polish construction group based in Skierniewice, has announced the signing of a significant contract as part of a consortium with Kobylarnia S.A. The agreement, valued at PLN 107,219,100.00 gross, was signed with the City of Bydgoszcz's Road and Public Transport Authority and the Municipal Water and Sewerage Company in Bydgoszcz. The project involves the construction of a double-track tramway along Solskiego Street, connecting Rondo Kujawskie to the Bielicka loop, including the loop itself. The project is expected to be completed within 27 months from the signing date of June 22, 2026.

The contract represents a significant addition to Mirbud S.A.'s portfolio, aligning with its strategic focus on infrastructure projects and its growing presence in the public transportation sector.

Mirbud S.A. Shareholders Approve Key Resolutions at Annual General Meeting

On June 19, 2026, the Ordinary General Meeting of Shareholders of Mirbud S.A., a leading Polish construction and infrastructure company headquartered in Skierniewice, approved a series of significant resolutions for the fiscal year 2025. The meeting, attended by shareholders representing 60.13% of the company’s share capital, resulted in unanimous or near-unanimous approval of all proposed resolutions.

Key decisions included the approval of the company’s financial statements for 2025, which reported total assets and liabilities of PLN 1.87 billion and net income of PLN 138.48 million. A dividend of PLN 0.20 per share, amounting to PLN 22.02 million, was approved, with the remaining profit allocated to the company’s reserve capital. The dividend record date was set for July 1, 2026, with payment scheduled for July 8, 2026.

Additionally, the shareholders granted discharge to all members of the Management Board and Supervisory Board for their activities in 2025. The meeting also approved the consolidated financial statements of the Mirbud Group, which reported total assets and liabilities of PLN 2.87 billion and net income of PLN 112.26 million. Furthermore, the shareholders endorsed the Supervisory Board’s remuneration adjustments, effective July 1, 2026, with monthly compensation ranging from PLN 6,000 to PLN 7,500, depending on the role.

All resolutions were passed without any objections, reflecting strong shareholder confidence in the company’s management and strategic direction.

Relevance: This article is highly relevant to Mirbud S.A.'s business profile as it highlights the company’s financial performance, dividend distribution, and governance decisions, which are critical indicators of its operational stability and strategic growth. These developments reinforce Mirbud’s position as a key player in the Polish construction and infrastructure sector.

Mirbud S.A. Announces Dividend Payout for 2025 Financial Year

Skierniewice-based construction group Mirbud S.A. has announced that its Ordinary General Meeting of Shareholders, held on June 19, 2026, approved a resolution to distribute a dividend from the company's net profit for the financial year 2025. A total of PLN 22,018,600 will be allocated for dividend payments, equating to PLN 0.20 gross per share. The dividend will be distributed to shareholders holding a total of 110,093,000 shares. The dividend record date is set for July 1, 2026, with the payout scheduled for July 8, 2026.

Relevance: This announcement highlights Mirbud S.A.'s financial stability and its ability to generate profits, which aligns with its strong market position and growing order backlog, as outlined in its business profile.

Mirbud S.A. Secures Major Contract for A2 Highway Construction

On June 10, 2026, Mirbud S.A., headquartered in Skierniewice, announced the signing of a significant contract as part of a consortium with Budpol Sp. z o.o. The agreement, valued at PLN 457.77 million gross, was signed with the State Treasury, represented by the General Directorate for National Roads and Motorways (GDDKiA). The project involves the design and construction of the A2 highway segment from the "Biała Podlaska" junction to the "Dobryń" junction, covering approximately 9.3 kilometers. The construction is expected to be completed within 32 months, excluding winter periods from December 16 to March 15.

The contract is a significant addition to Mirbud's portfolio, reinforcing its dominant position in the road construction sector and its strong relationship with GDDKiA. This project aligns with the company's strategic focus on infrastructure development and its commitment to expanding its backlog of public contracts.

Mirbud S.A. Secures Key Contract for Expansion of National Road No. 15

Mirbud S.A., a leading Polish construction group, has been awarded a significant contract by the General Directorate for National Roads and Motorways (GDDKiA) in Bydgoszcz. The project, titled "Design and Expansion of National Road No. 15 on the Tywola - Brodnica - Tama Brodzka Section, Stage III: Brodnica - Tama Brodzka," was granted to Mirbud as the most favorable bid in the tender process. The total value of the contract amounts to PLN 71,795,957.20 gross. The company has announced that it will provide further updates upon the signing of the agreement.

This development underscores Mirbud S.A.'s strong position in the road construction sector, which constitutes the majority of its order backlog. The contract further solidifies the company's relationship with GDDKiA and enhances its portfolio of infrastructure projects.

Transkol, a Subsidiary of Mirbud S.A., Secures Key Railway Contract Worth Over PLN 496 Million

On May 22, 2026, Mirbud S.A. announced that its subsidiary, Transkol Sp. z o.o., has been selected as a partner in a consortium to execute a significant railway infrastructure project. The tender, issued by PKP Polskie Linie Kolejowe S.A., involves the preparation of a detailed design and the execution of construction works on the LOT B1_1 Sitkówka Nowiny - Miąsowa section of railway line no. 8. The project, part of the broader investment initiative "Works on railway line no. 8 on the Skarżysko-Kamienna - Kielce - Kozłów section," is valued at PLN 496,373,286.92 gross.

The consortium, led by Pomorskie Przedsiębiorstwo Mechaniczno-Torowe Sp. z o.o. from Gdańsk, includes Transkol Sp. z o.o. as a key partner. Mirbud S.A. has classified this contract as a significant development due to its substantial value and strategic importance for the company. A formal agreement will be signed, and further updates will be provided in a separate report.

Relevance: This contract aligns with Mirbud S.A.'s strategic focus on expanding its presence in the railway infrastructure sector, a key growth area for the company as it diversifies beyond road construction.

Mirbud S.A. Secures Major Contract for Expansion of National Road No. 25

Mirbud S.A., a leading Polish construction group, has been selected as the preferred contractor for the design and expansion of National Road No. 25 on the Kokanin to Biskupice Ołoboczne section, including the Kalisz bypass. The contract, awarded by the General Directorate for National Roads and Motorways (GDDKiA) in Poznań, is valued at PLN 683,531,541 gross. The company announced that it will provide further updates upon the signing of the agreement.

This project represents a significant addition to Mirbud's portfolio, aligning with its dominant focus on road and engineering works, which constitute approximately 80-83% of its order backlog. The contract further solidifies Mirbud's strong position in the public infrastructure sector and its strategic partnership with GDDKiA.

Mirbud S.A. Secures Contract for Prudnik Bypass Construction Worth Nearly PLN 90 Million

Mirbud S.A., a leading Polish construction group, has been selected as the preferred contractor for the construction of the Prudnik bypass on National Road No. 41. The General Directorate for National Roads and Motorways (GDDKiA) in Opole announced on May 18, 2026, that Mirbud's bid of PLN 89,877,600.60 gross was deemed the most advantageous in the public procurement process. The company will provide further updates upon the signing of the contract.

The project is a significant addition to Mirbud's portfolio, reinforcing its dominant position in the road construction sector, which constitutes approximately 80–83% of its order backlog. This contract further solidifies Mirbud's strong relationship with GDDKiA, a key client in the public infrastructure sector.

Mirbud S.A. Announces Annual General Meeting and Proposes Dividend Payout

Mirbud S.A., a leading Polish construction and infrastructure company headquartered in Skierniewice, has announced the convening of its Ordinary General Meeting of Shareholders, scheduled for June 19, 2026, at its headquarters. The meeting will address key matters, including the approval of the company's financial statements for 2025, the allocation of profits, and the distribution of dividends.

According to the company's management board, Mirbud S.A. achieved a net profit of PLN 138.48 million in 2025. The board has proposed allocating PLN 22.02 million for dividend distribution, equating to PLN 0.20 gross per share, while the remaining PLN 116.46 million will be transferred to the company's reserve capital. The Supervisory Board has positively evaluated this proposal, and the final decision will be made during the meeting. The dividend day is proposed for July 1, 2026, with the payout scheduled for July 8, 2026.

Additionally, the meeting will include discussions on the approval of the consolidated financial statements of the Mirbud Capital Group, the review of the Supervisory Board's report on the remuneration of the management and supervisory board members, and the granting of discharge to the company's management and supervisory board members for their activities in 2025.

Relevance to Mirbud S.A. Business Profile

This announcement is highly relevant to Mirbud S.A.'s business profile as it highlights the company's financial performance, governance practices, and commitment to shareholder value through dividend distribution, reflecting its strong position in the construction and infrastructure sector.

Mirbud S.A. Proposes Dividend Payout and Allocation of 2025 Net Profit

On May 18, 2026, the Management Board of Mirbud S.A., a leading Polish construction group, submitted a proposal to the Ordinary General Meeting of Shareholders regarding the allocation of the company's net profit for the fiscal year 2025. The total net profit amounted to PLN 138.48 million. The proposal includes a dividend payout of PLN 22.02 million, equivalent to PLN 0.20 gross per share, while the remaining PLN 116.46 million is to be allocated to the company's reserve capital. The Supervisory Board of Mirbud S.A. unanimously approved the proposal during its meeting on May 19, 2026.

The information was classified as confidential due to its potential impact on the company's stock price, in accordance with the EU Market Abuse Regulation (MAR).

Relevance: This development is significant for Mirbud S.A. as it reflects the company's strong financial performance in 2025 and its strategic decision to balance shareholder returns with reinvestment into the company's reserve capital, ensuring financial stability and future growth opportunities.

Mirbud S.A. Secures Contract for Construction of New Provincial Road in Olsztyn

Mirbud S.A., a leading Polish construction group, has signed a significant contract with the Municipality of Olsztyn for the construction of a new section of Provincial Road No. 527. The project, valued at PLN 188,740,937.43 gross, involves building the road segment from the city boundary to the railway overpass on Nowobałtycka Street in Olsztyn. The contract stipulates a completion timeline of 24 months from the signing date, May 19, 2026.

The agreement, classified as confidential information under the EU Market Abuse Regulation (MAR), underscores the strategic importance of this project for Mirbud S.A., given its substantial value and contribution to the company's growing portfolio of infrastructure projects.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on road and infrastructure projects, which constitute the majority of its order backlog, and further strengthens its position in the public procurement market.

Mirbud S.A. Reports Preliminary Financial Results for Q1 2026

Mirbud S.A., a leading Polish construction group, has announced its preliminary financial results for the first quarter of 2026. The company reported consolidated revenues of PLN 547 million, with a gross profit of PLN 55 million and a net profit of PLN 9 million. On a standalone basis, Mirbud recorded revenues of PLN 424 million, a gross profit of PLN 36 million, and a net profit of PLN 10 million. These figures are approximate and subject to adjustments in the final financial report for the period ending March 31, 2026.

The results highlight Mirbud's continued growth and stability in its core construction and infrastructure projects, supported by its robust order backlog and diversified business segments.

Relevance: The article is highly relevant as it provides insight into Mirbud S.A.'s financial performance, reflecting its operational efficiency and market position in the construction and infrastructure sectors.

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

On April 29, 2026, MRB2 Sp. z o.o., a subsidiary of Mirbud S.A., signed a significant public-private partnership agreement with the Municipality of Marki. The contract, valued at a total of PLN 327,989,742.99 gross, involves the construction, modernization, and maintenance of municipal roads in Marki over an 18-year period. The agreement includes a payment of PLN 181,992,665.10 gross for construction works. This development underscores Mirbud S.A.'s strong position in the infrastructure sector and its ability to secure high-value public contracts.

The announcement was classified as inside information under the EU Market Abuse Regulation (MAR) due to the contract's substantial value and strategic importance to the company.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on road construction and infrastructure projects, further strengthening its backlog and long-term revenue visibility.

Mirbud S.A. Secures PLN 137.9 Million Contract for Road Expansion in Słupca County

Mirbud S.A., a leading Polish construction group, has signed a significant contract with Słupca County for the expansion of the county road no. 3040P between Niezgoda and Sierakowo, as well as the construction of a new section connecting Sierakowo to DK92 and the A2 motorway. The project, valued at PLN 137,903,910 gross, will be executed under the "design and build" formula, with a completion timeline of 28 months from the contract signing date on April 27, 2026.

The agreement, classified as confidential information under the EU Market Abuse Regulation (MAR), underscores Mirbud's strong position in the public infrastructure sector and its ability to secure high-value contracts that contribute to its growing backlog.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on road and infrastructure projects, which constitute the majority of its order portfolio, further strengthening its market position and revenue visibility.

Mirbud S.A. Secures Legal Victory in Environmental Penalty Case, Potentially Reopening Key Rail Tender Opportunity

On April 21, 2026, the Supreme Administrative Court (NSA) in Warsaw ruled in favor of Mirbud S.A., overturning a previous decision by the Provincial Administrative Court (WSA) from April 2023. The WSA had dismissed Mirbud's appeal against a financial penalty imposed by the Chief Inspector of Environmental Protection (GIOŚ) in October 2022. The NSA found that the WSA failed to assess whether Mirbud was the actual party responsible for violating the environmental decision issued by the Regional Director for Environmental Protection in Katowice. Mirbud argued that it was not the addressee of the environmental decision, which was instead directed at the General Directorate for National Roads and Motorways (GDDKiA). Consequently, the NSA ruled that Mirbud could not be held liable for the penalty.

This ruling has significant implications for Mirbud, as it challenges the legal basis for the January 2026 decision by the National Appeals Chamber (KIO) to exclude the Torpol-Mirbud consortium from a major PKP Polish Railway Lines tender. The tender, valued at billions of PLN, involves the design and construction of key sections of the Rail Baltica project, including the Białystok-Knyszyn, Knyszyn-Osowiec, and Osowiec-Ełk railway lines. Mirbud has announced that it will provide further updates after reviewing the written justification of the NSA's decision.

Relevance to Mirbud S.A.: This legal victory is highly relevant to Mirbud S.A.'s business profile as it could restore the company's eligibility to participate in lucrative railway infrastructure projects, a key growth segment for the company. The decision also mitigates reputational and financial risks associated with the penalty and tender exclusion.

Mirbud S.A. Secures €34 Million Contract for Industrial Facility Construction in Jawor

Mirbud S.A., a leading Polish construction group, has signed a significant contract with PANATTONI BTS Sp. z o.o. for the construction of a warehouse and production facility in Jawor, Lower Silesia. The project, valued at €34,017,433.00 net, includes the development of the main building along with office, social facilities, and necessary infrastructure. The agreement, finalized on April 20, 2026, underscores Mirbud's strong position in the general construction sector and its ability to secure high-value contracts.

The company classified this information as confidential due to its substantial importance and scale, in accordance with EU regulations on market abuse (MAR).

Relevance to Mirbud S.A.: This contract aligns with Mirbud's core business in general construction and strengthens its portfolio of high-value projects, contributing to its long-term revenue visibility and market position.

Mirbud S.A. Reports Preliminary Financial Results for 2025

Mirbud S.A., a leading Polish construction group, has announced its preliminary financial results for the fiscal year 2025. The company reported consolidated revenues of PLN 2.951 billion, with a gross profit of PLN 227 million and a net profit of PLN 112 million. On a standalone basis, Mirbud achieved revenues of PLN 1.937 billion, a gross profit of PLN 160 million, and a net profit of PLN 138 million. The company emphasized that these figures are approximate and may vary slightly in the final financial report for the period ending December 31, 2025.

The results reflect Mirbud's continued growth and strong performance in its core sectors, including road construction, general building projects, and its expanding presence in the railway and defense segments.

Relevance: This article is highly relevant to Mirbud S.A.'s business profile as it highlights the company's financial health and growth trajectory, which are critical indicators of its ability to secure and execute large-scale infrastructure projects in its key markets.

Mirbud S.A. Secures Contract for Sports and Entertainment Hall in Warsaw Worth Over PLN 237 Million

Mirbud S.A., a leading Polish construction group, has signed a significant contract with the Capital City of Warsaw for the construction of a sports and entertainment hall along with a ground-level parking facility and associated infrastructure. The project, located at Wawelska Street 5 in Warsaw, is part of the investment initiative titled "Modernization of the area at Wawelska Street 5 - Stage II." The total value of the contract amounts to PLN 237,599,099.99 gross, with a completion timeline of 810 days from the signing date of April 14, 2026.

The agreement underscores Mirbud's strong position in the general construction sector, particularly in public utility projects, and highlights its ability to secure high-value contracts in competitive markets.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on public utility construction and contributes to its robust backlog, ensuring revenue visibility and operational stability in the coming years.

Mirbud S.A. Secures Key Contract for A2 Highway Construction

Mirbud S.A., a leading Polish construction group based in Skierniewice, has been awarded a significant contract as part of a consortium for the design and construction of a section of the A2 highway. The project, covering the stretch from the Biała Podlaska junction (excluding the junction itself) to approximately kilometer 641+011 near the state border, was tendered by the General Directorate for National Roads and Motorways (GDDKiA) in Warsaw. The consortium, led by Mirbud S.A. as the main contractor and partnered with Budpol Sp. z o.o., submitted the winning bid valued at PLN 571,345,251 gross. The company has classified this contract as a material event due to its substantial value and strategic importance. A separate announcement will follow upon the signing of the agreement.

Relevance to Mirbud S.A.: This contract aligns with Mirbud S.A.'s dominant focus on road and infrastructure projects, which constitute the majority of its order backlog, and further strengthens its position in the public procurement market.

Mirbud S.A. Leads Consortium to Secure Bydgoszcz Tramway Construction Contract Worth Over PLN 107 Million

Mirbud S.A., a leading Polish construction group based in Skierniewice, has announced that its consortium, comprising Mirbud S.A. as the leader and Kobylarnia S.A. as a partner, has been selected as the preferred bidder for a significant public infrastructure project in Bydgoszcz. The contract, valued at PLN 107,219,100 gross, involves the construction of a double-track tramway along Solskiego Street, connecting Rondo Kujawskie to the Bielicka loop, including the development of the Bielicka loop itself.

The tender was issued by the Board of Municipal Roads and Public Transport in Bydgoszcz. Mirbud S.A. confirmed that the selection of its consortium's offer was based on its competitive bid and alignment with project requirements. The company will provide further updates upon the signing of the contract.

This development underscores Mirbud S.A.'s strong position in the public infrastructure sector, particularly in urban transportation projects, and highlights its ability to secure high-value contracts in competitive tenders.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on infrastructure projects and strengthens its backlog, contributing to the company's growth and revenue visibility in the coming years.

Mirbud S.A. Secures Contract for Sports Hall Construction in Warsaw Worth Over PLN 237 Million

Mirbud S.A., a leading Polish construction group, has been selected as the winning bidder for a significant public procurement project in Warsaw. The contract, valued at PLN 237,599,099.99 gross, involves the construction of a state-of-the-art sports and entertainment hall, along with an above-ground parking facility, necessary infrastructure, and landscaping at Wawelska Street 5. This project is part of the second phase of the investment task titled "Modernization of the area at Wawelska Street 5." The awarding authority, Stołeczne Centrum Sportu AKTYWNA WARSZAWA, confirmed the selection of Mirbud's offer as the most advantageous. The company will announce the signing of the agreement in a separate report.

This development aligns with Mirbud S.A.'s strategic focus on general construction projects, particularly public utility buildings, and reinforces its position as a key player in Poland's construction sector.

Mirbud S.A. Secures Contract for Expansion of County Road in Słupca District Worth PLN 137.9 Million

Mirbud S.A., a leading Polish construction group, has been selected as the contractor for the "Expansion of County Road No. 3040P on the Niezgoda-Sierakowo section and construction of a new road section Sierakowo-DK92-Autostrada A2" project. The project, commissioned by the Słupca District, will be executed under the "design and build" formula. The total value of the contract is PLN 137,903,910 gross. Mirbud S.A. has confirmed that it will announce the signing of the agreement in a separate report.

The selection of Mirbud's offer, deemed the most advantageous, underscores the company's strong position in the road construction sector, which constitutes a significant portion of its business portfolio. This contract further strengthens Mirbud's backlog and aligns with its strategy of capitalizing on public infrastructure investments.

Relevance: This development is highly relevant to Mirbud S.A.'s business profile as it highlights the company's success in securing a significant public infrastructure contract, reinforcing its dominant position in the road construction segment and contributing to its robust order backlog.

Mirbud S.A. Secures Contract for Construction of New Production Facility in Warsaw

Mirbud S.A., a leading Polish construction group, has signed a significant contract with PCO S.A. for the demolition of an existing building and the construction of a new four-story production facility in Warsaw. The project, located at Jana Nowaka-Jeziorańskiego 28, includes comprehensive installations and accompanying infrastructure. The total value of the contract amounts to PLN 109,638,510 gross.

The agreement underscores Mirbud's strong presence in the general construction sector, particularly in commercial and industrial projects. This development aligns with the company’s strategy of diversifying its portfolio beyond road and railway infrastructure.

Mirbud S.A. Announces New Board Appointment: Michał Niemyt Joins as Member of the Management Board

On February 27, 2026, the Supervisory Board of Mirbud S.A. appointed Michał Niemyt as a new member of the company’s Management Board, effective March 1, 2026. Mr. Niemyt has been a key figure in the infrastructure construction sector, serving as Vice President and Technical Director at KOBYLARNIA S.A., a subsidiary of the Mirbud Group, since 2013. With a degree in civil engineering from the Gdańsk University of Technology and extensive experience in overseeing road infrastructure projects, Mr. Niemyt brings valuable expertise to Mirbud S.A.’s leadership team.

Mr. Niemyt has no affiliations with competitive entities and is not listed in the Insolvent Debtors Register, ensuring his full alignment with Mirbud S.A.’s strategic goals.

This appointment underscores Mirbud S.A.’s commitment to strengthening its leadership in infrastructure construction, particularly in roadworks, which constitute the dominant segment of its business portfolio.

Relevance: The article is highly relevant as it highlights leadership changes within Mirbud S.A., directly impacting the company’s strategic direction and operational efficiency in its core infrastructure projects.

Mirbud S.A. Challenges KIO Ruling on Key Infrastructure Contract

On February 23, 2026, the management board of Mirbud S.A. announced that it has filed a complaint with the District Court in Warsaw against the ruling of the National Appeals Chamber (KIO) dated January 19, 2026 (case no. KIO 5144/25). The complaint challenges the KIO's decision to overturn the selection of the Torpol-Mirbud consortium's bid in favor of the Budimex-PORR consortium. Mirbud S.A. alleges procedural violations and misapplication of substantive law by the KIO and has requested the court to reinstate the original decision, which had awarded the contract to the Torpol-Mirbud consortium. The company emphasized the significant value of the contract and its strategic importance to Mirbud S.A.'s operations.

This development is highly relevant to Mirbud S.A.'s business profile as it directly impacts the company's backlog and its position in the competitive infrastructure market, particularly in the road and railway construction segments.

Mirbud S.A. Secures Contract for Construction of New Production Facility in Warsaw

Mirbud S.A., a leading Polish construction group, has been selected as the contractor for the demolition of an existing building and the construction of a new four-story production facility, along with accompanying installations and infrastructure, at Jana Nowaka-Jeziorańskiego Street in Warsaw. The contract, awarded by PCO S.A., is valued at PLN 109,638,510 gross. The company announced that the formal agreement will be signed shortly, with further updates to be provided in a separate report.

This development aligns with Mirbud S.A.'s strategic focus on general construction projects, particularly in the commercial and industrial sectors, and underscores its ability to secure high-value contracts in competitive tenders.

Mirbud S.A. Challenges Tender Decision for Rail Baltica Projects

Mirbud S.A., a leading Polish construction group, has filed a motion with the District Court in Warsaw to secure its claim regarding the rejection of its bid as the most advantageous offer in a public procurement process. The tender, issued by PKP Polskie Linie Kolejowe S.A., pertains to the preparation of executive documentation and execution of construction works for the Rail Baltica project on the E75 railway line, covering sections from Białystok to Ełk. The total value of the tender exceeds PLN 400 million.

The company argues that the rejection of its bid, submitted as part of a consortium with Torpol, will result in the selection of a more expensive offer, costing over PLN 400 million more than the consortium's proposal. Mirbud S.A. has requested the court to prohibit PKP Polskie Linie Kolejowe S.A. from signing a contract with the next bidder until the court resolves the appeal against the ruling of the National Appeals Chamber (KIO) issued on January 19, 2026. The company emphasizes the significant financial implications of the decision and its impact on public funds.

This development highlights Mirbud S.A.'s active participation in high-value infrastructure projects and its commitment to ensuring fair competition in public procurement processes.

Relevance: This article is highly relevant to Mirbud S.A.'s business profile as it involves a significant tender in the railway infrastructure segment, a key area of the company's strategic expansion and diversification efforts.

Mirbud S.A. Leads Consortium to Secure A2 Highway Construction Contract Worth PLN 457.8 Million

Mirbud S.A., a leading Polish construction group, has been selected as the leader of a consortium to execute a significant infrastructure project. The consortium, comprising Mirbud S.A. and Budpol Sp. z o.o., has been awarded the contract for the design and construction of the A2 highway section from the "Biała Podlaska" interchange to the state border, specifically the XI section spanning from km 641+011 to the "Dobryń" interchange at km 650+287. The total value of the contract is PLN 457,769,100 gross.

The project, commissioned by the General Directorate for National Roads and Motorways (GDDKiA), represents a major milestone for Mirbud S.A., further solidifying its position as a key player in Poland's road infrastructure sector. The company will provide additional updates upon the formal signing of the agreement.

Relevance: This contract aligns with Mirbud S.A.'s core business focus on road and engineering works, which constitute the dominant segment of its order backlog, and underscores its strong presence in public infrastructure tenders.

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.

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.