Projprzem Budownictwo with a large contract - News - Grupa Kapitałowa Immobile S.A.

Projprzem Budownictwo with a large contract
Data publikacji: 07.07.2020

The management board of PROJPRZEM MAKRUM S.A. informed that on 29 June 2020, the subsidiary Projprzem Budownictwo Sp. z o.o. has concluded as a General Contractor with the company Plek 1 Sp. z o.o. as the Employer a contract for the general contracting of a housing estate called “PERFUMIARNIA” in Poznań. The value of the contractual remuneration of the General Contractor was set at PLN 74,799.483.92 net.

"They won because they were the most involved, they read the project and our expectations best - says Garvest Partner, Michał Włodarczyk. - Good energy beats from them, we feel that they care about this project as much as we do. Such chemistry is crucial if they want to achieve a quality well above the market average. And that's what Perfumiarnia will be. " - we read on the investor's website.

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The parties agreed the date of final acceptance of the subject of the contract to be July 6, 2022. The contract will enter into force subject to the Bank’s activation of a bank loan.

We started the current year with a portfolio of orders filling 80% of revenues achieved in 2019. The expected completion period is Q2 / Q3 2020. As at the date of the report, advanced talks with investors are also underway regarding the commencement of the implementation of contracts planned for the second half of 2020. “- commented Piotr Szczeblewski, President of the Board Projprzem Makrum, during the April investor chat.