Mobruk

Mo-Bruk Targets Acquisition in 2026 Amid Rising Waste Processing Volumes

Polish waste management leader Mo-Bruk S.A. is aiming to complete at least one acquisition by the end of 2026, with a preference for acquiring a larger domestic entity, according to CEO Henryk Siodmok. The company is actively engaged in multiple M&A projects and expects to announce progress later this year. Recent acquisitions include El-Kajo and Eco Point, which have bolstered its operational capacity.

In the first half of 2026, Mo-Bruk reported significant growth across all its business segments. The volume of waste processed in its thermal treatment segment rose by 32% year-on-year to 16,500 tons, while the RDF (alternative fuels) segment saw a 29% increase to 41,600 tons. The stabilization and solidification segment experienced a 2% rise to 113,100 tons, and a new segment for oil and oily water waste processed 10,200 tons. The company anticipates even stronger performance in the second half of the year, driven by ongoing projects and favorable market conditions.

Mo-Bruk is also capitalizing on opportunities in the cleanup of "ecological bombs," with contracts worth approximately PLN 189 million. Of this, PLN 42 million was executed in the first half of 2026, with an additional PLN 70 million expected in the second half. The company is benefiting from recent legislative changes that reduce municipal co-financing requirements for waste cleanup projects, which are expected to generate more opportunities through 2027.

To support its growth, Mo-Bruk is working to increase its waste processing permits, particularly in the thermal treatment segment. The company aims to restore its EBITDA margin for core operations to the 45-50% range, up from 44.4% in the first half of 2026, by scaling up its operations.

Mo-Bruk specializes in hazardous and industrial waste management, producing alternative fuels, synthetic aggregates, and offering environmental remediation services. Its focus on domestic operations and strategic acquisitions aligns with its goal of expanding its market presence and operational capacity.

Relevance: This article highlights Mo-Bruk's strategic focus on acquisitions, operational growth, and legislative opportunities, directly aligning with its core business of waste management and environmental remediation.

Weekly Review of Contracts and Agreements: Key Developments in the Polish Business Sector

From August 10 to August 16, 2026, several significant agreements and transactions were announced by publicly traded companies in Poland, reflecting dynamic developments across various industries:

• Feerum S.A. sold its 50% stake in Feerum Egypt for Silos & Storage S.A.E. to Samcrete Silos LLC for 12.5 million EGP, exiting its capital involvement in the Egyptian subsidiary.
• Reino Capital S.A. initiated due diligence for the acquisition of 100% shares in a real estate asset management company, contingent on positive findings.
• SimFabric S.A. expanded its publishing agreement to include Xbox One and Xbox Series X|S products, securing an additional order worth $250,000.
• Elektrotim S.A. signed a PLN 18.85 million contract with Tauron Dystrybucja S.A. for the construction of two 110kV cable lines in Legnica.
• Agora S.A. extended a concession agreement between its subsidiary AMS Serwis and the City of Warsaw for six months.
• Niewiadów-PGM S.A. entered into a framework agreement with the Air Force Institute of Technology for the development and certification of NATO-standard 250kg bomb casings.
• Sunex S.A. announced plans to merge with its subsidiary, Polska Ekologia Przetargi sp. z o.o., through universal succession.
• Atrem S.A. secured a PLN 59.49 million contract with Enea Operator Sp. z o.o. for the reconstruction of 110kV overhead lines in northern Poland.
• Mostostal Zabrze S.A. signed a turnkey contract with Qemetica Soda Polska S.A. for the conversion of a coal boiler to biomass, with completion expected by Q4 2028.
• Mabion S.A. extended its collaboration with Novavax, Inc., receiving a $144,900 order for analytical services related to COVID-19 vaccine development.
• LARQ S.A. announced a mandatory tender offer for the sale of 100% of its shares in collaboration with Wise Ventures.
• Rainbow Tours S.A. increased its insurance guarantee limit by PLN 60 million to PLN 500 million.
• Equnico SE signed a significant contract with Alterga S.A. for the production and delivery of galvanized lattice towers for a 110kV line reconstruction project.

These developments highlight the dynamic nature of Poland's industrial, energy, and environmental sectors, with companies actively pursuing growth through contracts, acquisitions, and strategic partnerships.

Relevance to Mo-BRUK S.A.: This article is relevant to Mo-BRUK S.A. as it underscores the competitive landscape of public tenders and contracts in Poland, particularly in sectors like hazardous waste management, energy, and infrastructure, which align with Mo-BRUK's core business operations and growth opportunities.

Mo-BRUK S.A. Finalizes Acquisition of EL-Kajo Sp. z o.o. for PLN 63.18 Million

On July 1, 2026, Mo-BRUK S.A., a leading Polish waste management and environmental services company, announced the final settlement of its acquisition of a 95% stake in EL-Kajo Sp. z o.o. The transaction was completed with the sellers receiving a premium of PLN 34.18 million, bringing the total value of the acquisition to PLN 63.18 million. This strategic acquisition aligns with Mo-BRUK's growth strategy and strengthens its position in the waste management and environmental services sector.

The acquisition of EL-Kajo Sp. z o.o. is highly relevant to Mo-BRUK S.A.'s business profile as it expands the company's capabilities in waste treatment and recovery, further solidifying its market presence and enhancing its service offerings in line with its core operations.

Polish Government Advances Strategic Plans for Food Security and Mining Sector Support

The Polish Ministry of State Assets has announced that the supervisory board of the National Food Group (Krajowa Grupa Spożywcza, KGS) is expected to approve a new strategy within a week, aimed at strengthening the country's food security and enhancing its role in the agricultural and food production supply chain. The strategy will focus on leveraging Poland's growing plant production and exploring opportunities in biofuels, bioethanol, and biogas production. KGS, a major player in Poland's agri-food sector, holds a 40% share of the domestic sugar market and operates across various segments, including seed production, starch processing, and food manufacturing.

In parallel, the Ministry is working on measures to support Jastrzębska Spółka Węglowa (JSW), a coal mining company facing challenges due to global market conditions. A recently passed amendment to the Development Institutions Act will enable the Industrial Development Agency (ARP) to provide market-based loans to companies of strategic importance, including JSW. The loans will be aimed at cost optimization and operational restructuring, with the condition that borrowers demonstrate repayment capacity. The legislation now awaits the President's signature for final approval.

These developments were disclosed by Deputy Minister of State Assets Grzegorz Wrona during the European Economic Congress in Katowice, emphasizing the government's role in managing risks and capitalizing on opportunities in key sectors.

Relevance to Mo-BRUK S.A.: The article is relevant to Mo-BRUK S.A. as it highlights government initiatives and funding mechanisms that could potentially support environmental remediation projects, waste management, and alternative fuel production, areas closely aligned with Mo-BRUK's core business operations.

Mo-Bruk Reports Q4 2025 Net Profit of PLN 27.6 Million, Eyes Growth in 2026

Mo-Bruk S.A., a leading Polish waste management and recovery company, reported a net profit of PLN 27.6 million for Q4 2025, according to its latest financial report. The result fell slightly below the PLN 28.2 million consensus forecast by PAP Biznes. Despite this, the company remains optimistic about its growth prospects for 2026, driven by a record-breaking order portfolio for the neutralization of so-called "ecological bombs"—illegal waste dumps requiring urgent remediation.

Mo-Bruk's CEO highlighted the company's strong position in the waste management sector, emphasizing its ability to capitalize on tightening environmental regulations and public funding for hazardous waste cleanup projects. The company expects these factors to contribute significantly to its financial performance in the coming year.

Relevance: The article is relevant to Mo-Bruk's business profile as it highlights the company's financial performance, its leadership in hazardous waste remediation, and its strategic alignment with environmental regulations and public tenders, which are core to its operations and growth strategy.

Mo-BRUK S.A. Secures Key Contract for Hazardous Waste Removal in Zgierz Municipality

On April 13, 2026, Mo-BRUK S.A., acting as the leader of a consortium alongside Raf-Ekologia Sp. z o.o. and Epichem Sp. z o.o., signed a significant agreement with the Municipality of Zgierz. The contract involves the removal and management of hazardous waste stored on a property located at Kolonia Głowa 79A in the Zgierz municipality. The maximum total remuneration for the consortium is set at PLN 7.44 million gross (PLN 6.89 million net), with the final value dependent on the actual volume of waste removed and processed. The project is scheduled for completion by June 20, 2026.

Relevance to Mo-BRUK S.A.: This contract aligns with Mo-BRUK's core business of hazardous waste management and environmental remediation, reinforcing its position as a leader in addressing ecological challenges and benefiting from public tenders for waste cleanup projects.

Mo-BRUK S.A. Secures Contract for Hazardous Waste Removal in Częstochowa

Mo-BRUK S.A., a leading Polish industrial and environmental services company, has announced the signing of a significant contract as part of a consortium with Raf-Ekologia Sp. z o.o. and Epichem Sp. z o.o. The agreement, signed on February 18, 2026, with the Municipality of Częstochowa, involves the removal of hazardous waste from a site located at Koksowa Street 6b in Częstochowa. The total maximum remuneration for the consortium is set at PLN 8.09 million gross (PLN 7.49 million net). The contract is valid until January 25, 2027, with the final value dependent on the actual volume of waste removed and managed.

The project aligns with Mo-BRUK's core expertise in hazardous waste disposal and environmental remediation. It underscores the company's role as a key player in addressing ecological challenges and its ability to secure public tenders for waste management projects.

Key Trends in Waste Management: Infrastructure Development and Market Consolidation

A recent Deloitte report, "From Raw Material to Raw Material: How Close Are We to a Circular Economy," highlights two critical trends shaping the waste management sector: the development of processing infrastructure and market consolidation. These trends are essential for achieving operational efficiency and meeting increasingly stringent environmental and social requirements.

The report identifies factors such as stricter waste management regulations, rising consumption, urbanization, and growing ecological awareness as drivers of a complex and dynamic market. Key areas of infrastructure development include automation of mechanical-biological waste processing (MBP) facilities, advanced material recycling, and bio-waste recycling technologies. Additionally, advancements in energy recovery and IT solutions aim to enhance operational efficiency and increase waste recovery rates.

Market consolidation in Poland is driven by both domestic and international players seeking to expand their market presence. This process focuses on acquiring fixed assets and addressing regional market gaps, particularly in areas reliant on smaller, local entities. Investments in recycling plants, incineration facilities, and landfill expansions are expected to play a pivotal role in increasing processing capacities.

The report also highlights risks in the sector, including regulatory compliance challenges, financial uncertainties tied to volatile recycled material prices, and operational risks related to outdated technologies. Social concerns, such as local opposition to waste processing facilities due to environmental and health fears, further complicate investment efforts. Transparent communication and proactive engagement with local communities are deemed essential for successful project implementation.

According to the report, over 81% of Polish companies publishing sustainability reports under CSRD and ESRS guidelines for 2024 identified resource management and circular economy as key priorities. However, only 38% of firms in high-waste sectors have set specific circularity goals, indicating a need for greater awareness and motivation to adopt circular practices.

The report underscores the importance of aligning with EU circular economy targets and leveraging innovative technologies to drive efficiency and sustainability in waste management.

Relevance to Mo-BRUK S.A.: The article is highly relevant to Mo-BRUK S.A. as it aligns with the company’s focus on waste management, recycling, and environmental remediation. The trends and challenges outlined in the report directly impact Mo-BRUK’s operations, particularly in infrastructure development, regulatory compliance, and market consolidation efforts.