PBG SA - events PBG SA - events PBG SA polska@pbg-sa.pl (PBG SA) efresh@efresh.com.pl (eFRESH) Tue, 17 Aug 2010 10:41:58 +0200 HYDRAportal 2 CMS Online transmission of financial results On August 25, 2010, at 13.00, there will be held a conference concerning PBG CG  financial results for IH2010.
Transmission will be avaliable in two languages: Polish and English. We kindly invite to watch this conference online which will be available under the website: https://u1.unicomp-wza.pl/pbg/
 

]]> Tue, 17 Aug 2010 10:41:56 +0200 polska@pbg-sa.pl (PBG SA) g8-2972 On August 25, 2010 PBG SA will publish its financial results for 1H2010. PBG SA will familiarize earlier its shareholders with unit and consolidated report for first half of 2010. The PBG SA Management Board announced that the publication will take place on August 25, 2010, and not as previously reported, August 31, 2010.
 

More information in current report no. 41/2010 available at: http://www.pbg-sa.pl/en/investor-relations/current-reports/41-2010-change-of-release-date-of-h1-2010-report.html

 

]]> Tue, 17 Aug 2010 10:39:35 +0200 polska@pbg-sa.pl (PBG SA) g8-2971 Contract on Construction of the S5 Expressway Companies from the PBG Capital Group: PBG SA, APRIVIA SA and HYDROBUDOWA POLSKA SA concluded an agreement with General Directorate of National Roads and Motorways on construction of S5 expressway, Poznań section (A2 – the Głuchowo interchange) – Wrocław (A8 – the Widawa interchange), Kaczkowo-Korzeńsko section (the Bojanowo and Rawicz Beltway).
Alpine Bau GmbH is the Consortium Leader and companies from the PBG Capital Group are Partners.
The Contract Amount is PLN 777 239 570,60 VAT exclusive (PLN 948 232 276,21 including VAT).
 
More information may be found in the current report no. 39/2010 available at: http://www.pbg-sa.pl/en/investor-relations/current-reports/39-2010-execution-of-a-significant-contract-on-construction-of-the-kaczkowo-korzensko-section-of-the-s5-poznan-wroclaw-expressway.html

]]> Tue, 03 Aug 2010 10:18:03 +0200 polska@pbg-sa.pl (PBG SA) g8-2963 Conclusion by PBG S.A. of a Material Power-Sector Contract - report correction The Management Board of PBG S.A.corrected Current Report No. 37/2010 published on July 20th 2010.  The reason for the correction is an editorial error which appeared in the report and involved stating an incorrect date of conclusion of the agreement between PBG S.A. and KGHM Polska Miedź S.A.: the report specifies July 7th 2010, while the correct date SHOULD BE: July 9th 2010.
 
Corrected report is available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/37-2010-correction-conclusion-by-pbg-s-a-of-a-material-power-sector-contract-report-correction.html
 

]]> Tue, 03 Aug 2010 10:02:20 +0200 polska@pbg-sa.pl (PBG SA) g8-2962 Conclusion of an annex to the framework agreement with ING Bank Śląski SA The Management Board of PBG SA informs about concluding on July 8th 2010 an annex to the framework agreement executed on September 6th 2007 between ING Bank Śląski SA and PBG Group members: PBG SA, HYDROBUDOWA POLSKA SA, PBG Technologia Sp. z o.o., HYDROBUDOWA 9 SA, AVATIA Sp. z o.o. and INFRA SA (no longer a member of the PBG Group) concerning a credit facility of up to PLN 220 mn.
The annex extended the period of availability of the credit facility granted until September 13th 2010.
 
More information in current report no. 38/2010 available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/38-2010-conclusion-of-an-annex-to-the-framework-agreement-with-ing-bank-slaski-s-a.html

]]> Wed, 21 Jul 2010 13:01:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2959 Conclusion by PBG SA of a material power-sector contract - agreement with KGHM for the delivery of Gas Turbine Generator Sets The Management Board of PBG SA informs about concluding on July 7th 2010 an agreement with KGHM Polska Miedź SA for the execution and delivery of four complete Gas Turbine Generator Sets - gas turbines with low-emission burning systems, as well as their assembly and start-up.
 
PBG SA will have completed all the work, valued at PLN 95,100,000 (VAT-exclusive), by November 30th 2012.
The agreement has been classified as material due to the fact that it is the first power-sector contract procured by PBG SA.
 
More information in current report no. 37/2010 available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/37-2010-conclusion-by-pbg-s-a-of-a-material-power-sector-contract.html

]]> Wed, 21 Jul 2010 10:54:16 +0200 polska@pbg-sa.pl (PBG SA) g8-2957 Execution of Annexes to Performance Bond Insurance Agreements with TUiR "Warta" S.A. Until December 16th 2010 there will be in force and agreement concluded by companies from the PBG Capital Group with TUiR "Warta" S.A. concerning performance bond insurance agreements in the frameworks of specified guarantee limit. In the same time the limit has been increased up to PLN 200 mn and INFRA SA had been excluded from the agreement.
 
Full version of current reports is available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/36-2010-execution-of-annexes-to-performance-bond-insurance-agreements-with-tuir-warta-s-a.html

]]> Tue, 20 Jul 2010 15:22:23 +0200 polska@pbg-sa.pl (PBG SA) g8-2955 Execution of Material Contract for Construction of LNG Terminal in Świnoujście The Consortium including PBG SA and PBG Export Sp. z o.o. has executed a contract with Polskie LNG for "The Engineering Design, Construction and Commissioning of an LNG Regasification Terminal in Świnoujście”. The VAT-exclusive value of the contract is PLN 2,415,213,000.

For more information, see Current Report No. 35/2010, available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/35-2010-execution-of-material-contract-for-construction-of-lng-terminal-in-swinoujscie.html 

]]> Mon, 19 Jul 2010 11:07:39 +0200 polska@pbg-sa.pl (PBG SA) g8-2953 Registration by the Court of amendments to the Statute of PBG SA Management Board of PBG SA announces that on 12 July 2010 has chosen to make the information by the District Court Poznan - New Town and Wilda in Poznań , VIII Division of the National Court Register at its meeting on 22 June 2010 on amendments to NCR entry in the scope of update in accordance with the resolution of the Annual General Meeting of Shareholders of PBG SA of 21 April 2010.

Full version of current reports is available at:

http://www.pbg-sa.pl/en/investor-relations/current-reports/34-2010-registration-of-amended-articles-of-association-of-pbg-s-a-by-competent-court.html

]]> Mon, 19 Jul 2010 08:54:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2951 Another road contract in the PBG Capital Group's backlog of orders Consortium in which Partners are companies from the PBG CG: PBG SA, HYDROBUDOWA POLSKA SA and APRIVIA SA, and the Leader is SIAC Construction Ltd. company, signed on 7th of July an agreement with General Directorate of National Roads and Motorways for construction of  A4 highway Tarnów - Rzeszów, sector Krzyż - Dębica Pustynia. In the scope of companies from the PBG CG there is an execution of 50% of the contract with the net value of PLN 1 434 761 287,80. At the same time, Companies from the PBG CG signed an agreement with Bank Pekao SA for credit line in the amount of PLN 220 mn, securing financing of gained contract.
 
Full version of current reports is available at:
http://www.pbg-sa.pl/en/investor-relations/current-reports/32-2010-execution-of-a-significant-contract-concerning-construction-of-the-krzyz-debica-pustynia-section-of-the-a4-tarnow-rzeszow-motorway.html
and
http://www.pbg-sa.pl/en/investor-relations/current-reports/33-2010-execution-of-a-material-financial-agreement-with-bank-pekao-s-a-concerning-the-financing-of-the-construction-of-a-section-of-the-a4-tarnow-rzeszow-motorway.html
 

]]> Tue, 13 Jul 2010 09:55:49 +0200 polska@pbg-sa.pl (PBG SA) g8-2941 Execution of Significant Agreements Concerning Construction of the A1 Motorway On June 17th 2010 PBG S.A. executed two significant contracts with the General Directorate for National Roads and Motorways (Generalna Dyrekcja Dróg Krajowych i Autostrad, “GDDKiA”) acting as the Principal for and on behalf of the Polish State Treasury, including:
1) as Consortium Leader (Consortium comprising PBG S.A. as the Leader and the following Consortium Partners: subsidiary APRIVIA S.A., subsidiary HYDROBUDOWA POLSKA S.A., SRB Civil Engineering Limited of Dublin and John Sisk&Son Limited of Dublin, Ireland)
The contract provides for the “Construction of the A1 Toruń-Stryków Motorway, Brzezie-Kowal Section III, from km 186+348 to km 215+850”.
The Accepted Contract Amount is PLN 702,768,700 VAT exclusive or PLN 857,377,814 VAT inclusive.
  
2) as Consortium Partner (Consortium comprising SRB Civil Engineering Limited of Dublin  as Consortium Leader and the following Consortium Partners: PBG S.A., subsidiary APRIVIA S.A., subsidiary HYDROBUDOWA POLSKA S.A. and John Sisk&Son Limited of Dublin)
The contract provides for the “Construction of A1 Toruń-Stryków Motorway, Czerniewice-Odolion Section I, from km 151+900 to km 163+300, and Odolion-Brzezie Section II, from km 163+300 to km 186+366”.
The Accepted Contract Amount is PLN 765,632,889.69 VAT exclusive or  PLN 934,061,145.42 VAT inclusive.

The Parties agreed on the following division of works in both contracts (in percentage terms):
- SRB Civil Engineering Limited  and John Sisk&Son Limited – delivery and responsibility for 50% of the scope of work related to the project,
- PBG S.A., APRIVIA S.A. and HYDROBUDOWA POLSKA S.A. – delivery and responsibility for 50% of the scope of work related to the project.


Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/31-2010-execution-of-significant-agreements-concerning-construction-of-the-a1-motorway.html

]]> Fri, 18 Jun 2010 16:17:56 +0200 polska@pbg-sa.pl (PBG SA) g8-2932 The Supervisory Board has appointed a Qualified Auditor of Financial Statements The Supervisory Board of PBG SA has appointed a Grant Thornton Frąckowiak Sp. z o.o. as the entity responsible for:
- reviewing the interim separate and consolidated financial statements as at June 30th 2010;
- auditing the separate financial statements of PBG SA as well as the consolidated financial statements of the PBG Capital Group for 2010.

Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/30-2010-appointment-of-qualified-auditor-of-financial-statements.html

]]> Mon, 14 Jun 2010 15:13:22 +0200 polska@pbg-sa.pl (PBG SA) g8-2930 Execution of an Annex to the Contract for Construction of a Multi-Purpose National Stadium in Warsaw The Management Board of PBG S.A. reports that Consortium led by ALPINE BAU DEUTSCHLAND AG and comprising ALPINE BAU GmbH, ALPINE Construction Polska Sp. z o.o., HYDROBUDOWA POLSKA S.A., and PBG S.A.  as consortium partners, executed an annex to the contract with Narodowe Centrum Sportu Sp. z o.o.The contract provides for the construction of a multi-purpose National Stadium in Warsaw together with the auxiliary infrastructure necessary for proper operation of the stadium, which will allow the stadium to host football matches during the UEFA EURO 2012 championship.

Under the annex, the contract completion date was set for June 30th 2011.

 

Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/29-2010-execution-of-an-annex-to-the-contract-for-construction-of-a-multi-purpose-national-stadium-in-warsaw.html

 

]]> Sat, 12 Jun 2010 11:44:48 +0200 polska@pbg-sa.pl (PBG SA) g8-2928 Disposal of INFRA S.A. Shares In report No. 28/2010 the Management Board of PBG S.A. reports that a share sale agreement was executed and  PBG S.A. sold its entire interest (4,997,500 shares) in INFRA S.A.

 

Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/28-2010-disposal-of-infra-s-a-shares.html

 

]]> Tue, 01 Jun 2010 14:19:46 +0200 polska@pbg-sa.pl (PBG SA) g8-2926 Conclusion of an annex to the liability limit agreeement In the current report 27/2010 the Management Board of PBG SA informs about conclusion of an annex to the liability limit agreement as of September 28, 2007, concluded by Companie from the PBG Capital Group with Raiffesen Bank Polska SA. 
 
By virtue of the annex, there has been prolonged until Novemeber 28, 2014 the last day of using letters of credit and guarantees and until November 22, 2010 the day of final repayment of revolving credits.
 
Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/27-2010-execution-of-an-annex-to-a-debt-limit-agreement.html
 

]]> Tue, 25 May 2010 15:33:43 +0200 polska@pbg-sa.pl (PBG SA) g8-2924 Agreement with ALSTOM Power PBG SA concluded a preliminary consortium agreement with ALSTOM Power Sp. z o.o. The purpose of the consortium agreement is to define the rules of cooperation between the two companies, with a view to submitting a joint bid for a contract "Construction of Power Unit at the Kozienice Power Plant”.
 
Full version of the report is available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/26-2010-agreement-with-alstom-power.html
 

]]> Mon, 24 May 2010 07:27:20 +0200 polska@pbg-sa.pl (PBG SA) g8-2922 Execution of Annex to Agreement with TUiR Euler Hermes S.A. The Management Board of PBG S.A. announces the execution of an annex to the agreement with TUiR Euler Hermes S.A. on the provision of contract-related guarantees under a revolving credit facility.
The annex, executed between companies of the PBG Group on the one side and Towarzystwo Ubezpieczeń Euler Hermes S.A. on the other side, extends – until June 30th 2010 – the period in which TUiR Euler Hermes S.A. commits to issue contract-related guarantees.
 

For further details, see Current Report No. 25/2010 available at: http://www.pbg-sa.pl/en/investor-relations/current-reports/25-2010-execution-of-annex-to-agreement-with-tuir-euler-hermes-s-a-on-provision-of-contract-related-guarantees.html.

]]> Wed, 12 May 2010 14:22:58 +0200 polska@pbg-sa.pl (PBG SA) g8-2918 Forecast of PBG Group's Financial Performance in 2010 According to the forecast by the Management Board of PBG S.A., the Group will achieve the following results in 2010: consolidated sales revenue of approximately PLN 3 bn, consolidated operating profit of approximately PLN 300 m, consolidated net profit attributable to the Parent of approximately PLN 220 m.

More in current report number 24/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/24-2010-forecast-of-pbg-group-s-financial-performance-in-2010.html.

 

]]> Mon, 10 May 2010 10:32:21 +0200 polska@pbg-sa.pl (PBG SA) g8-2912 Online transmission of financial results On May 10, 2010, at 13.00, there will be held a conference concerning PBG CG financial results for 1Q 2010 and forecast of financial results for FY 2010. Transmission will be avaliable in two languages: Polish and English. We kindly invite to watch this conference online which will be available under the website: https://u1.unicomp-wza.pl/pbg/index.html.
 

]]> Thu, 06 May 2010 08:54:59 +0200 polska@pbg-sa.pl (PBG SA) g8-2909 List of shareholders holding at least 5% of total vote at the Annual General Shareholders Meeting held on April 21st 2010 In another current report Management Board of PBG SA published in public list of shareholders holding at least 5% of total votes at the Annual General Shareholders of the Company which was held at April 21st 2010.

More in current report number 22/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/22-2010-list-of-shareholders-holding-at-least-5-of-total-vote-at-the-annual-general-shareholders-meeting-held-on-april-21st-2010.html
 

]]> Thu, 29 Apr 2010 10:14:13 +0200 polska@pbg-sa.pl (PBG SA) g8-2908 Increasing and prolongation of the limit for companies By an annex to the agreeement there has been prolonged  until June 30th 2010 the period in which TU Allianz Polska SA will give to companies from the PBG Capital Group (PBG, HYDROBUDOWA POLSKA, HYDROBUDOWA 9, INFRA) contractual guarantees in the frameworks of renewable credit. Moreover, there has been increased limit granted to the companies from PLN 80 mn up to PLN 120 mn.
 

]]> Thu, 29 Apr 2010 10:04:04 +0200 polska@pbg-sa.pl (PBG SA) g8-2907 Increasing interest in HYDROBUDOWA POLSA SA In relation to the package deal of purchasing by PBG SA 650.507 shares of HYDROBUDOWA POLSKA SA for PLN 3,60 per share, conducted on 12th of April 2010, interest of PBG SA in initial capital increased up tp 132.748.692 shares which constitute 63,05% in initial capital and in overall number of voting rights. Before deal, PBG SA was in possession of 132.098.185 shares of HYDROBUDOWA POLSKA SA which constituted 62,74% in initial capital and in overall number of voting rights.

]]> Thu, 15 Apr 2010 09:00:34 +0200 polska@pbg-sa.pl (PBG SA) g8-2889 The lowest price after opening of offers for A1 Consortium of companies: SRB (Leader of the Consortium), PBG SA, APRIVIA SA, HYDROBUDOWA POLSKA SA and John Sisk has submitted the lowest price in the tender of General Directorate of National Roads and Highways (GDDKiA) for construction of 34,5 km of A1 highway Toruń-Stryków, Czerniewice-Brzezie sector. Offered price - PLN 935 mn gross. Scheduled time for completion of works is 20 months.
In March, Consortium submitted the lowest price for construction of 29,5 km of A1 highway Toruń-Stryków, Brzezie-Kowal sector, valued PLN 857 mn gross.

]]> Fri, 09 Apr 2010 09:23:03 +0200 polska@pbg-sa.pl (PBG SA) g8-2887 Announcement of the Management Board of PBG SA concerning convention of the Annual General Meeting The Management Board of PBG SA convene on 21st of April 2010 at 13.00 the Annual General Meeting of Shareholders which will take place in Warsaw, in the office of PBG SA company - Aleje Ujazdowskie 41.

]]> Fri, 26 Mar 2010 08:34:04 +0100 polska@pbg-sa.pl (PBG SA) g8-2849 Offer of the Consortium with participation of companies from the PBG Capital Group the most attractive Offer of the Consortium of companies - Alpine Bau Gmbh, Aprivia SA, PBG SA and Hydrobudowa Polska SA - for the "Construction of S5 expressway Poznań - Wrocław, Kaczkowo-Korzeńśko, Bojanów and Rawicz Ringroad" has been chosen by General Directorate of National Roads and Highways as the most attractive.  

]]> Wed, 17 Mar 2010 13:34:35 +0100 polska@pbg-sa.pl (PBG SA) g8-2847 PBG CG forecast increased The Management Board of PBG SA due to higher than expected margins executed on contracts has decided to increase forecast of the PBG Capital Group's financial results for the FY2009. Updated forecast assumes consolidated revenues from sales at the level of PLN 2,8 bn, consolidated operating profit at the level of PLN 300 mn and consolidated net profit of the parent company at the level of PLN 210 mn.
 
Yearly consolidated report from PBG Capital Group's activity and from PBG SA activity for the fiscal year 2009 will be published on 22nd of March, 2010.

]]> Wed, 17 Mar 2010 11:38:09 +0100 polska@pbg-sa.pl (PBG SA) g8-2846 "Accumulate PBG" Analysts from Beskidzki Dom Maklerski in their report from 25th of February, 2010, initiated coverage of PBG from "accumulate" recommendation. Target price of one stock of PBG was set at the level of PLN 220,8.

]]> Fri, 05 Mar 2010 09:10:49 +0100 polska@pbg-sa.pl (PBG SA) g8-2840 Consortium with participation of PBG will construct gas press in Jarosław Consortium of companies: Control Process SA (Consortium's Leader), PBG SA and GasOil Engineering A.S. have concluded on 2nd of March, 2010, contract with OGP Gaz-System which is related to the "Construction of gas press in Jarosław in 'turn key' system". Value of the contract is PLN 117 770 000,00 net and share of PBG in remuneration is 50%.

More in current report no. 10/2010 available under: http://www.pbg-sa.pl/en/investor-relations/current-reports/10-2010-material-agreement-concluded.html.
 

 

]]> Fri, 05 Mar 2010 10:45:50 +0100 polska@pbg-sa.pl (PBG SA) g8-2843 Analysts from Goldman Sachs recommend "BUY" for PBG stocks Analysts from Goldman Sachs in their report from 26th of February, 2010, issued recommendation "BUY" for PBG stocks and set its target price at the level of PLN 299,00. On the day of recommendation price of PBG stock was at the level of PLN 196,10.

]]> Wed, 03 Mar 2010 15:11:52 +0100 polska@pbg-sa.pl (PBG SA) g8-2839 Purchase of Energomontaż Południe SA shares - transaction completed Management Board of PBG S.A. informs that on account of the registration of Series E shares of Energomontaż Południe SA on 17 February 2010 at the National Depository for Securities under the ISIN code: PLENMPD00018, PBG SA took up the rights to 17,743,002 Series E shares of Energomontaż Południe SA. that account for 25% in the share capital and entitle to exercise 17,743,002 votes from shares, which constitutes 25% + 1 vote in the total voting power.

More in current report number 08/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/08-2010-purchase-of-energomontaz-poludnie-sa-shares-transaction-competed.html.

]]> Fri, 19 Feb 2010 11:57:06 +0100 polska@pbg-sa.pl (PBG SA) g8-2838 Change in the schedule of financial reports There has been a change in date of PBG's annual individual financial statement and consolidated annual report of the PBG Capital Gtoup publications for FY09. Reports wiil be published on 22nd of March, 2010.


More in current report number 07/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/07-2010-schedule-of-financial-reports-to-be-published-in-2010-update.html.
 

]]> Fri, 19 Feb 2010 11:55:01 +0100 polska@pbg-sa.pl (PBG SA) g8-2837 Two "BUY" for PBG shares Analysts from ING Wholesale Banking have kept their "BUY" recommendation for stocks of PBG and increased its target price from PLN 248 to PLN 266. Moreover, analysts from KBC Securities also recommend to "BUY" stocks of PBG, evaluating price of one share of the company for PLN 245,3.
According to KBC Securities "among top construction companies listed on the WSE, PBG Capital Group will develop itself in the fastest way. Its growth in revenues is estimated at the level of 11,7% CAGR. Company will be also able to keep the highest margins."
 

]]> Tue, 26 Jan 2010 09:19:28 +0100 polska@pbg-sa.pl (PBG SA) g8-2830 HOLD for PBG shares Analysts from UniCredit in their report from 18th of January, 2010, have kept their HOLD recommendation for shares of PBG, increasing simultaneously its target price from PLN 216 to PLN 223.

]]> Tue, 19 Jan 2010 09:56:02 +0100 polska@pbg-sa.pl (PBG SA) g8-2820 Conclusion of an annex to the credit agreement By virtue of an annex from 23rd of December, 2009, to the credit line agreement concerning financing of current business activity from 27th of April, 2007, concluded between Companies from the PBG Capital Group and Bank Gospodarki Żywnościowej SA with its headquarters in Warsaw, there has been increased amount of credit line and there has been also prolonged final date of given credit line maturity. Simultaneously, another companies from the PBG Capital Group have become parts of the agreement - APRIVIA SA and HYDROBUDOWA 9 SA.
Details may be found in current report number 03/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/03-2010-annex-to-a-credit-agreement-concluded.html

]]> Thu, 14 Jan 2010 11:47:13 +0100 polska@pbg-sa.pl (PBG SA) g8-2819 Conclusion of a material agreement with Strateg Capital company The Management Board of PBG SA informs that on 11th of January, 2010, has taken an information concerning conclusion of package of transactions with Strateg Capital Ltd. Company., where, as a result, total value of signed contracts with aforementioned Company in the period of last 12 months amounts PLN 168.079.292,98 and therefore is considered as a material agreement.
More in current report number 01/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/01-2010-material-agreement-with-strateg-capital-concluded.html

]]> Thu, 14 Jan 2010 11:44:02 +0100 polska@pbg-sa.pl (PBG SA) g8-2817 Conclusion of a material agreement with PBG Dom company The Management Board of PBG SA informs that on 11th of January, 2010, has taken an information concerning conclusion of a few transactions with PBG Dom Ltd. Company. As a result, total value of signed contracts with aforementioned Company in the period of last 12 months exceeded equivalent of material agreement and amounts PLN 145.819.500,00.
More in current report number 02/2010 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/02-2010-material-agreement-with-pbg-dom-concluded-2815.html

]]> Thu, 14 Jan 2010 11:45:24 +0100 polska@pbg-sa.pl (PBG SA) g8-2818 Contract for modernization of water treatment station On 22nd of December 2009, Consortium of companies HYDROBUDOWA 9 SA - Consortium's Leader, PBG SA, HYDROBUDOWA POLSKA SA, PIECOBIOGAZ SA - Consortium's Partners has signed an agreement with AQUANET SA company for execution of the task "Agglomeration of Mosina - Puszczykowo: modernization of Water Treatment Station Mosian Phase II".
Net value of the contract amounts PLN 217 700 006,21. Contract is scheduled for 67 months starting from the date of signing the contract. 
 
More in current report number 94/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/94-2009-conclusion-of-a-material-agreement-for-modernization-of-water-treatment-station-mosina.html.

]]> Wed, 23 Dec 2009 09:31:06 +0100 polska@pbg-sa.pl (PBG SA) g8-2812 PBG CG among "Pearls of the Polish Economy" PBG Capital Group has been awarded a title of "Pearl of the Polish Economy" in the 7th edition of the ranking organised by an editorial staff of the English-language economic magazine "POLISH MARKET" with the substantial cooperation of Ecomonic Sciences Institute PAN.
 

Companies were divided into two groups:
 - Big Pearls - companies with revenues on the level of at least PLN 100 m
 - Large Pearls - companies with revenues exceeding PLN 1 bn.
 
PBG CG has been honoured in the "Large Pearls" category for "consistent execution of politics and strategy of the company and also position of leader among the most dynamic and the most effective enterprises in Poland".

]]> Mon, 21 Dec 2009 14:57:35 +0100 polska@pbg-sa.pl (PBG SA) g8-2810 "Players of the Year 2010" In January issue, Forbes has published a ranking called "Players of the Year 2010". In the ranking, in one of the five categories (category: Construction, Infrastructure, Real Estate) PBG has been placed on the second place.

To choose entrepreneurs who will be leaders in their lines of business in year 2010, Forbes has invited business advisers and managers from private equity funds.

In accordance with opinion of specialists, in year 2010 in the construction market there will a lot of big contracts and investments. That is why big players will be leaders in the sector, with PBG among them.

]]> Fri, 18 Dec 2009 12:36:44 +0100 polska@pbg-sa.pl (PBG SA) g8-2809 Conclusion of an annex to the limit of the debt agreement with Raiffeisen Bank Polska SA By virtue of an annex to the agreement concluded on 30th of November, 2009, there has been prolonged by 22nd of November, 2010, the last day of using, and by 25th of November, 2010, the day of final revolving credits repaymant in PLN, EUR and USD given to Companies from the PBG Capital Group by Raiffeisen Bank Polska SA.

More in current report number 92/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/92-2009-conclusion-of-an-annex-to-the-agreement-with-raiffeisen-bank-polska-sa-concerning-limit-of-the-debt.html.

]]> Wed, 09 Dec 2009 15:45:49 +0100 polska@pbg-sa.pl (PBG SA) g8-2807 Conclusion of a meterial agreement concerning cooperation in the scope of giving credits - information update The Management Board of PBG SA has informed about conclusion of an annex to the material agreement by PBG SA, whose party is Nordea Bank Polska SA. Subject of an agreement is related to determining rules of coopration in the scope of giving credits for business activity between PBG SA altogether with companies from the PBG Capital Group.

More in current report number 90/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/90-2009-conclusion-of-the-material-agreement-concerning-cooperation-in-the-scope-giving-credit-information-update.html.

]]> Wed, 09 Dec 2009 15:36:04 +0100 polska@pbg-sa.pl (PBG SA) g8-2805 Conclusion of an annex to the general agreement concerning credit limit with BZ WBK SA By virtue of an annex to the agreement concluded on 1st of December, 2009, there has been prolonged a term of credits repayment (circulating and in current account and also of given and executed guarantees and opened and paid out letter of credits) given to Companies from the PBG Capital Group by Bank Zachodni WBK SA.

More in current report number 91/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/91-2009-general-agreement-concerning-credit-limit-with-bz-wbk-sa-information-update.html.

 

]]> Wed, 09 Dec 2009 15:40:22 +0100 polska@pbg-sa.pl (PBG SA) g8-2806 Statement of PBG S.A. on the acquisition of shares in Energomontaż Południe S.A. PBG SA submitted a statement on the acquisition of ordinary series E bearer shares in Energomontaż Południe S.A. with its registered office in Katowice. Following the increase of share capital with the new issue of shares, PBG will hold 25.1% shares in Energomontaż Południe.

More in current report number 86/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/86-2009-statement-of-pbg-s-a-on-the-acquisition-of-shares-in-energomontaz-poludnie-s-a.html

]]> Tue, 24 Nov 2009 07:38:56 +0100 polska@pbg-sa.pl (PBG SA) g8-2795 PBG - "Good Company 2009" For the fourth time, PBG SA to gained the name "Good Company" one of the most effectives corporations in Poland. It is worth emphasize, that PBG SA invariably maintain among one of the best companies, 19 leaders this year, which granted a prizes.
 

(Rzeczpospolita Newspaper, 24/11/2009)

]]> Tue, 24 Nov 2009 12:54:13 +0100 polska@pbg-sa.pl (PBG SA) g8-2796 PBG purchased the next company PBG Dom extended its capital group by the next company. PBG Dom Management will be accomplish property investment on the area of Poznan.

More in current report number 85/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/85-2009-acquisition-of-a-company-by-pbg-dom.html

]]> Fri, 20 Nov 2009 14:00:01 +0100 polska@pbg-sa.pl (PBG SA) g8-2793 Jerzy Wiśniewski in the final of the Five Aces! The President of PBG SA, Jerzy Wiśniewski, is one of five entrepreneurs who qualified to the final of the Polish Business Ace contest organised by Puls Biznesu daily.
 

The final five is made up by President Wiśniewski, Leszek Czarnecki, Sylwester Cacka, Michał Sołowow and the founders of Atlas group. The showdown will take place among the competitors. Internet users may vote for their Polish Business Ace candidate until the end of the week at sukces.pb.pl.
 

]]> Thu, 12 Nov 2009 12:21:35 +0100 polska@pbg-sa.pl (PBG SA) g8-2791 Q3 FY 09 interim report published In Q3 FY 09 PBG company generated almost PLN 242 m in sales revenues and PLN 45.3 m in gross profit. In comparison to the analogic period in the previous year, the values are higher by 42% and 54%, respectively. Moreover, in Q3 PBG generated PLN 41.5m in operating profit and PLN 29.6m in net profit. In comparison to Q3 FY08, the results account for a 90%-rise and a 78%-rise, respectively.

]]> Thu, 12 Nov 2009 12:18:54 +0100 polska@pbg-sa.pl (PBG SA) g8-2790 Declaration of subscription warrants offer acceptance The Management Board of PBG SA declared to take up 17,743,002 Series A registered subscription warrants issued by Energomontaż Południe S.A.
 

 

More in current report number 83/2009 available under the website:  http://www.pbg-sa.pl/en/investor-relations/current-reports/83-2009-declaration-on-the-acceptance-of-subscription-warrants-offer-dated-28-october-2009-and-taking-the-subscription-warrants-up.html. 

]]> Tue, 10 Nov 2009 15:56:24 +0100 polska@pbg-sa.pl (PBG SA) g8-2784 PBG Ukraina company established PBG S.A. established a Ukrainian law company, PBG Ukraina public limited company. PBG Ukraina will be a contractor company.

More in current report number 84/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/84-2009-pbg-establishes-pbg-ukraina-company.html.

]]> Tue, 10 Nov 2009 16:00:55 +0100 polska@pbg-sa.pl (PBG SA) g8-2785 Contract in Swinoujscie "Safe building site 2009" Thanks to the engagement of employees and fruitful cooperation with subcontractors, PBG SA has been awarded first place and given a title of "Safe Building Site 2009" for execution of the contract in Swinoujscie (construction of residential-service-commercial complex) in the competition organized by National Labour Inspection.

]]> Fri, 06 Nov 2009 11:19:32 +0100 polska@pbg-sa.pl (PBG SA) g8-2780 Publication of results for 3Q2009 earlier Consolidated quarterly report including abridged individual quarterly financial statement of PBG SA for 3Q2009 will be published on 9th of November, 2009. Earlier date of publication was established on 16th of November, 2009.

]]> Wed, 04 Nov 2009 11:29:43 +0100 polska@pbg-sa.pl (PBG SA) g8-2776 PBG Dom subsidiary acquires shares PBG Dom subsidiary acquired 100% of shares in Villa Poznań company, having its registered office in Poznań, which holds a property earmarked for development activity.

More in current report number 82/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/82-2009-acquisition-of-a-company-by-pbg-dom-subsidiary.html.

 

]]> Thu, 05 Nov 2009 10:32:16 +0100 polska@pbg-sa.pl (PBG SA) g8-2779 Information concerning change of involvement in shares of PBG SA company Clients of Pioneer Pekao Investment Management SA have increased its involvement in shares of PBG SA to the level amounting 5,13% of overall voting rights on Annual General Meeting.

More in current report number 80/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/80-2009-notification-of-the-change-in-pbg-sa-shareholding-structure.html.  
 

]]> Tue, 03 Nov 2009 14:36:50 +0100 polska@pbg-sa.pl (PBG SA) g8-2773 HOLD PBG Analysts from IDM SA Brokerage House in their report from 25th of October, 2009, did not change HOLD recommendation for shares of PBG, decrasing at the same time target price from PLN 242,00 to PLN 225,00. The day when recommendation was published, PBG shares were traded at PLN 222,30.
 

]]> Tue, 03 Nov 2009 14:45:43 +0100 polska@pbg-sa.pl (PBG SA) g8-2774 20 aces of Polish business Jerzy Wiśniewski - President of PBG SA - is among group of people selected for the title of Polish ace of business.
 
Among 20 aces selected by Puls Biznesu newspaper from 29th of October, 2009 - "20 aces for 20 years of Polish business" - there are entrepreneurs who contributed to shape Polish economy in the recent two decades. 
 

]]> Thu, 29 Oct 2009 09:50:14 +0100 polska@pbg-sa.pl (PBG SA) g8-2770 The Best Annual Report 2008 PBG has been awarded second place prize in the contest for the best annual report of enterprises for year 2008.
It has been also awarded a prize in two categories:
1) for the best report of the Board of Directors on the company's operations;
2) for the best use value of the annual report and for the best presentation of the annual report on the Internet.
Prizes, on behalf of PBG, were collected at the gala in Warsaw by Mr Rafał Wilczyński (proxy - economic director in PBG). Gala was held on Friday 23rd of October, 2009, in the building of Warsaw Stock Exchange.

]]> Mon, 26 Oct 2009 10:54:23 +0100 polska@pbg-sa.pl (PBG SA) g8-2769 Purchase of shares Member of the PBG SA Supervisory Board has purchased shares of the Company. More in current report number 78/2009 available on website: http://www.pbg-sa.pl/en/investor-relations/current-reports/78-2009-statement-from-an-obliged-person-concerning-transaction-exceeding-eur-5-000.html.

]]> Fri, 23 Oct 2009 12:45:48 +0200 polska@pbg-sa.pl (PBG SA) g8-2768 Conclusion of an annex to the framework agreement with ING Bank Śląski S.A. By virtue of an annex to the agreement concluded on 9th of October 2009 there has been prolonged until 13th of August 2010 period of using credit line granted to Companies from the PBG Capital Group by ING Bank Śląski S.A. Moreover, there has been prolonged period of validity of corporate guarantee which has been engrossed by each of the Companies being sides of the agreement to the value of PLN 220 000 000,00.

More in current report number 76/2009 available under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/76-2009-conclusion-of-an-annex-to-the-framework-agreement-with-ing-bank-slaski-s-a.html.
 

]]> Mon, 19 Oct 2009 15:42:51 +0200 polska@pbg-sa.pl (PBG SA) g8-2765 PBG awarded the Issuer Golden Website Award PBG’s website has been awarded the title of the Issuer Golden Website.
The award was given  in four categories (to companies from WIG20 and mWIG40 indexes, to companies from sWIG80 index, to companies listed on the WSE outside the indexes, and, finally, to companies listed on the New Connect alternative market). PBG's website was considered the best among the websites of the companies from WIG20 and mWIG40 indexes.
The decision of the Chapter was announced and the award was presented yesterday at the Royal Castle in Warsaw during the 4th Congress of the Polish Association of Stock Exchange Issuers.
 

]]> Mon, 19 Oct 2009 10:18:56 +0200 polska@pbg-sa.pl (PBG SA) g8-2763 Conclusion of an annex to the agreement with TUiR Euler Hermes SA There has been signed an annex to the agreement with TUiR Euler Hermes SA which prolongs, till 31st of December, 2009, period of granting contract guarantees (tender, appropriate execution of contract, proper removal of defects, return of prepayment) on request from Companies from the PBG Capital Group.

 

]]> Fri, 02 Oct 2009 13:17:28 +0200 polska@pbg-sa.pl (PBG SA) g8-2758 Selling INFRA SA subsidiaries Company from the PBG Capital Group - INFRA SA sold all shares in its subsidiaries PRIS Sp. z o.o. and WIERTMAR Sp. z o.o. Transactions are related to the implementation of the PBG Capital Group's strategy.

]]> Fri, 02 Oct 2009 13:19:12 +0200 polska@pbg-sa.pl (PBG SA) g8-2759 Resignation of the Member of the Management Board Mr Tomasz Latawiec, Member of the PBG SA Management Board, has resigned from his position on 30th of September, 2009.
 

]]> Thu, 01 Oct 2009 09:04:33 +0200 polska@pbg-sa.pl (PBG SA) g8-2755 Signing a Conditional Investment Agreement with Energomontaż Południe SA In the 1st quarter 2010 PBG SA may become the owner of 25% stocks of Energomontaż Południe SA company. Conditional Investment Agreement between these companies has been concluded on 21st of September 2009.

More information available in PBG's current report no. 72/2009 under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/72-2009-conditional-investment-agreement-with-energomontaz-poludnie-s-a-concluded.html 
 

]]> Wed, 23 Sep 2009 14:13:56 +0200 polska@pbg-sa.pl (PBG SA) g8-2754 Conclusion of an annex to the agreement with TU Allianz Polska SA By virtue of an annex to agreement concluded on 31st July 2009 TU Allianz Polska SA has prolonged the period of granting contracts guarantees in the frameworks of renewable limit granted to the Companies from the PBG Capital Group.

More information available in current report no. 71/2009 under the website:
http://www.pbg-sa.pl/en/investor-relations/current-reports/71-2009-conclusion-of-an-annex-to-the-agreement-concerning-granting-contracts-guarantees-with-tu-allianz-s-a.html
 

]]> Fri, 18 Sep 2009 10:31:26 +0200 polska@pbg-sa.pl (PBG SA) g8-2752 PBG on the list "Book of Lists" In current (14-20.09.2009) publication of English magazine "Warsaw Business Journal" there has been published the List of the biggest construction contractors operating on the Polish market. There is PBG company among them, with revenues at the level of PLN 2,091 mln, ranked on the 5th place. Behind it - one position further - there has been listed Hydrobudowa Polska which hadPLN 1,267 mln in revenues in year 2008. Main criteria of the ranking was revenues in year 2008.

Published LIst is one of the 60 parts of the wide publication "The Book of Lists". It presents 2 thousand companies from different business sectors in Poland: - inter alia: finances, services, consulting, advertising, telecommunications, IT, hotels, real estate etc. Companies are classified in branch catalogues according to strictly specified criteria, inter alia: (revenues, employment, number of clients, information on realizations or gained certificates).

]]> Wed, 16 Sep 2009 11:50:35 +0200 polska@pbg-sa.pl (PBG SA) g8-2750 Conclusion of an annex to the framework agreement with ING Bank Śląski SA By an annex to the agreement there has been prolonged period of using credit line granted to the companies from the PBG Capital Group by ING Bank Śląski.

More information is available in current report no. 70/2009 under the website: http://www.pbg-sa.pl/en/investor-relations/current-reports/70-2009-change-to-the-significant-agreement.html

]]> Mon, 14 Sep 2009 14:46:26 +0200 polska@pbg-sa.pl (PBG SA) g8-2749 issue of bonds/granting gurantees PBG company has written off 750 B series bonds and had issued C series bonds of the total amount PLN 375.000.000, increasing in the same time number of PBG's bonds available on the market to 5.000. Date of C series bond redemption is set on 10th of September 2012. Purpose of the issue of bonds is to gain resources for development in the area of natural gas, infrastructure and power generation.

Gained funds will enable the Company to partially release available credit and guarantee lines and to increase amounts of available credit and guarantee lines.
In relation to the issue of bonds subsidiaries INFRA SA, HYDROBUDOWA POLSKA SA and HYDROBUOWA 9 SA have granted to all holders of C series bonds guarnatees to the amount of PLN 450.000.000 for the period until 10th of March 2013 however gurantees for B series bonds have been decreased to the amount of PLN 150.000.000.

]]> Fri, 11 Sep 2009 11:43:40 +0200 polska@pbg-sa.pl (PBG SA) g8-2743 3rd stage of the "Gold Issuer's Website 2009" contest Website of the PBG SA has been qualified for the 3rd and final stage of the "Gold Issuer's Webiste 2009" contest which means it is among 12 best websites of the companies listed on the Warsaw Stock Exchange.

]]> Fri, 11 Sep 2009 12:05:13 +0200 polska@pbg-sa.pl (PBG SA) g8-2745 Conclusion of an annex to the agreement for the liability limit In accordance with the annex to the agreement from 21st of August 2009, Raiffeisen Bank Poland SA has increased limit of liability assigned to Companies from PBG Capital Group from the amount of PLN 125.000.000 to the amount of PLN 145.000.000. Moreover, another company form the Group - Hydrobudowa Polska SA, has become a party in the agreement.

]]> Wed, 02 Sep 2009 15:33:18 +0200 polska@pbg-sa.pl (PBG SA) g8-2705 Millennium DM about PBG Analysts from Millennium DM in their report from August 19, 2009, have kept “neutral” recommendation for PBG shares and in the same time had increased target price from PLN 187 to PLN 201,9. At the day of submitting recommendation the price of PBG shares was at the level of PLN 224.

“With help of DCF method (discounted cash flows) we estimate the value of the stock at the level of PLN 235,8. PBG, thanks to the good backlog of orders and expectations connected with it concerning future financial results, is quoted with significant bonus when compared to other construction companies and that is why comparative evaluation is at the level of PLN 168. Final evaluation of the PBG shares is at the level of PLN 201,9. That is why we keep our neutral attitude to the company” – was written in the report.
 

]]> Wed, 26 Aug 2009 12:30:16 +0200 polska@pbg-sa.pl (PBG SA) g8-2645 Hold PBG Analysts from DI BRE Bank in their report from August 14, 2009, increased recommendation for PBG shares from "reduce" to "hold" with target price at the level of PLN 224,4. In the day of giving recommendation PBG shares were valued at the level of PLN 235.
 

]]> Thu, 20 Aug 2009 16:08:36 +0200 polska@pbg-sa.pl (PBG SA) g8-2641 Sale of shares PBG company has received an announcement from the President of Management
Board, Mr Jerzy Wiśniewski, concerning sales of 260.000 PBG SA shares at
the price of PLN 220 per share. Transaction had place on August 14, 2009.
Simultaneously, the Management Board of the Company has informed that
according to the information available in the Company, Mr Jerzy Wiśniewski
is not going to sell another shares of PBG SA in next 12 months.

]]> Mon, 17 Aug 2009 12:49:16 +0200 polska@pbg-sa.pl (PBG SA) g8-2638 Financial performance in H01 and Q02 FY 09 In the first half of 2009 PBG Capital Group generated PLN 948.584m in sales revenues, which means an increase by 15% year-over-year. The Group recorded rises at all levels of financial results: gross profit on sales – increase by 16%, profit on sales - increase by nearly 8%, operating profit - increase by 21% and net profit – increase by 40%.
In Q02 alone PBG Capital Group revenues reached PLN 600m, which corresponds to an increase by 17.5%. Gross profit on sales in Q02 totalled PLN 83m and was up by 8.5% year-over-year. Operating profit was up from PLN 55m to PLN 67.7m, i.e. by 23%, and net profit of the Parent Company shareholders was up by 34% and accounted for almost PLN 47m. As at 1 June 2009 the Group’s portfolio of orders reached PLN 6bn. 
 

 

Translation of the report for 1H2009 will be available on our website on September 14, 2009. 

]]> Thu, 13 Aug 2009 10:01:24 +0200 polska@pbg-sa.pl (PBG SA) g8-2636 Resolution of the KDPW Board of Directors concerning 260.000 A series shares assimilation Board of Directors of the National Depository of Securities SA has taken a resolution concerning, as of August 14th, 2009, assimilation of 260.000 A series bearer shares of the PBG SA company with 9.795.000 PBG SA shares. Shares involved in assimilation process will receive PLPBG0000029 code.
 

]]> Thu, 13 Aug 2009 11:06:39 +0200 polska@pbg-sa.pl (PBG SA) g8-2637 Change in the number of shares held BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A. notified of the sales of PBG S.A. shares that took place on 4 August 2009. Following this transaction, shares held by the Funds represented less than 5% of the total number of votes at the General Meeting of Shareholders of PBG SA, i.e. 4,24%.

]]> Thu, 13 Aug 2009 09:58:59 +0200 polska@pbg-sa.pl (PBG SA) g8-2635 Series A shares will be traded The Management Board of the Warsaw Stock Exchange passed a resolution on the admission and introduction of 260 000 PBG S.A. ordinary series A bearer shares to trading. The shares will be introduced to trading provided that the National Depository for Securities assimilates the shares with PBG S.A. shares on 14 August 2009.
 

]]> Tue, 11 Aug 2009 10:15:39 +0200 polska@pbg-sa.pl (PBG SA) g8-2630 PBG S.A. in the second stage of the Issuer Golden Website competition Websites of PBG S.A. and HYDROBUDOWA POLSKA S.A. qualified for the second stage of the Issuer Golden Website competition. The competition organised by the Polish Association of Stock Exchange Issuers aims at selecting the best website run by a company listed on the WSE. The competition is supposed to contribute to changing websites into an effective tool of dialogue with investors and to improving quality of company websites through introducing standards of creating investor relations websites by companies listed on the WSE. More information on the competition is available at: http://zse.seg.org.pl.
 

]]> Wed, 12 Aug 2009 10:58:21 +0200 polska@pbg-sa.pl (PBG SA) g8-2633 Online transmission of financial results On August 12, 2009 at 12.00 there will be held conference concerning financial results for 1H2009 year and plans of PBG CG for years 2009-2010. We kindly invite to watch this conference online which will be available under the web site: www.transmisjeonline.pl/pbg.

]]> Mon, 10 Aug 2009 12:45:13 +0200 polska@pbg-sa.pl (PBG SA) g8-2628 BUY PBG sahres Analysts from DM BZ WBK in their report from August 4, 2009, gave "buy" recommendation for PBG shares, with target price at the level of PLN 300. Recommendation was made when the price of stock was PLN 220,5.

]]> Wed, 05 Aug 2009 08:47:21 +0200 polska@pbg-sa.pl (PBG SA) g8-2622 PBG - leader amongst the best in Wielkpolska PBG company has been listed amongst top 25 companies from the Wielkopolska voivodeship – according to “The best companies in particular voivodeships 2009” which was published on July 27, 2009 in “Gazeta Bankowa”. List has been prepared by “Gazeta Bankowa” together with one of the most popular economic agencies Dun and Bradstreet. An idea of rating is to appoint the most effective and solid companies in Poland. Companies which can be described as highly reliable, profitable and dynamically developmental.

]]> Tue, 04 Aug 2009 16:00:31 +0200 polska@pbg-sa.pl (PBG SA) g8-2621 Conclusion of annex to agreement A credit line agreement for financing current activity signed by Companies from the PBG Capital with Bank Gospodarki Żywnościowej SA has been prolonged by annex till the date 23rd of August 2009.

]]> Mon, 03 Aug 2009 15:28:57 +0200 polska@pbg-sa.pl (PBG SA) g8-2620 Change of rights of 260 000 PBG SA shares In relation to the process of unprivileging 260 000 bearer A series shares, as of July 31, 2009, from 14 295 000 shares constituting initial capital of PBG SA company amounting PLN 14 295 000, there are 18 535 000 voting rights assigned to shareholders.   As of July 31, 2009 there are 4 240 000 shares of PBG SA company marked with a PLPBG0000037 code, whereas there are 260 000 shares of PBG SA company marked with a PLPBG0000052 code.
 

]]> Fri, 31 Jul 2009 10:42:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2618 The decree of the NDoS regarding conversion of A series shares On the 28th of July the Board of the National Deposit of Securities decided to label with the code PLPBG0000052 the 260.000 common bearer shares of the PBG S.A. Company resultant from the exchange made on the 31st of July 2009 of 260.000 registered shares labeled with the code PLPBG0000037.

]]> Thu, 30 Jul 2009 07:01:04 +0200 polska@pbg-sa.pl (PBG SA) g8-2617 9.795.000 shares of PBG SA in turnover As of July 28, 2009, there has been made assimilation of 12.500 D series shares of the PBG SA company and registration of 865.000 G series shares of the PBG SA company. As a result, there is 9.795.000 shares of PBG SA in turnover currently.

]]> Tue, 28 Jul 2009 11:57:16 +0200 polska@pbg-sa.pl (PBG SA) g8-2615 Assimilation of D series and registration of G series shares The Board of the National Deposit of Securities S.A. passed a decree to assimilate 12.500 D series shares of the PBG S.A. Company on the 28th of July this year. On the same day the registration and issue for market circulation of 865.000 G series shares of the PBG S.A. Company will also take place.

]]> Mon, 27 Jul 2009 14:21:31 +0200 polska@pbg-sa.pl (PBG SA) g8-2613 Choice of the expert On the 21st of July this year the Supervisory Board of PBG S.A. chose Grant Thornton Frąckowiak as the authorized entity to carry out reviews and studies of unitary and consolidated financial statements for the year 2009. Grant Thornton Frąckowiak cooperates with the PBG S.A. Company In the scope of studying the annual, semi-annual unitary and consolidated financial statements as well as the financial prognoses and periodically provides certification services.

]]> Mon, 27 Jul 2009 07:31:13 +0200 polska@pbg-sa.pl (PBG SA) g8-2610 G and D series shares will be in circulation The Stock Market Board has passed a bill concerning the admission and issue for market circulation of G and D series common bearer shares on the Main Market of the Stock Market. The shares will be issued for market circulation on the condition that on the 28th of July 2009 the National Deposit of Securities assimilates the D series shares and registers the G series shares labeling them with the code „PLPBG0000029”.

]]> Mon, 27 Jul 2009 07:32:28 +0200 polska@pbg-sa.pl (PBG SA) g8-2611 Annex to the contract The PBG S.A. Company has drawn up an annex to the contract with MAXER S.A. from the year 2006 for the realization of the investment entitled: “Construction of the Malczyce Water Dam on the Oder River”. The annex increased the financial limit for construction and installation works which will be carried out by PBG S.A. in the years 2009 – 2011 by the net sum of 216.673.815,57 PLN, which is a gross value of 264.342.055,00 PLN. The works will be carried out in by the 30th of December 2011.

]]> Wed, 22 Jul 2009 13:57:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2607 Exceeding the 5% threshold Aviva Powszechne Towarzystwo Emerytalne Aviva BZ WBK S.A. (AVIVA OFE) informed about purchasing on 13th of July 2009, on regulated markte, PBG SA shares. In relation to this, shares of AVIVA OFE in total number of votes at AGM increased above 5%.

Before transactions, according to the portfolio of OFE on 15th of July 2009 Aviva OFE was in possesion of 871 081 PBG SA shares carrying 4,86% of the total vote at the AGM. After signing transactions on 16th of July 2009 Aviva OFE held on the account 898 581 Company's shares entitling it to 5.01% of the total vote at the AGM.
Tha statement was prepared without accounting effects of the G series shares issue.

]]> Tue, 21 Jul 2009 14:33:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2605 Increasing initial capital of the PBG S.A. company As of July 15, 2009 the Court of Law has registered changes of the Statute in accordance to increase of the PBG SA initial capital by issuing 865.000 ordinary bearer shares of G series. As a result of the registration the amount of Company’s initial capital increased from PLN 13.430.000 to PLN 14.295.000 and overall number of voting rights increased from 17.930.000 voting rights to 18.795.000 voting rights at the annual general meeting.
In relation to above, the Management Board of the Company informed about decreasing by the major Shareholder shares in the initial capital and in overall number of voting rights and about submitting application concerning conversion of the shares.

]]> Fri, 17 Jul 2009 11:16:11 +0200 polska@pbg-sa.pl (PBG SA) g8-2600 Conclusion of annex to the credit line agreement By virtue of annex to the agreement signed on July 7, 2009 there has been prolonged untill the date of July 30, 2015 the final date of credit line repayment at the amount of PLN 100.000.000,00 given to the Companies from the PBG Capital Group by Bank Gospodarki Żywnościowej SA.

]]> Fri, 17 Jul 2009 15:24:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2601 Conclusion of agreement annexes According to annexes to the agreement concluded on May 27 and June 26 2009, there has been prolonged till October 13, 2009 an agreement for credit limit given to Companies from PBG Capital Group by ING Bank Slask S.A. There has been added another company from the Group to the agreement – PBG Technologia Sp. z o.o.
 

]]> Tue, 07 Jul 2009 10:17:08 +0200 polska@pbg-sa.pl (PBG SA) g8-2594 PBG in elite On 25 June 2009 Parkiet published a list of companies that generated best results in Q1 FY09. PBG Company, with a margin on sales (compared to the same period of the previous year) totalling to 2 per cent ranked 27th. The journal prepared 10 criteria that the companies had to meet in order to be listed. Another 38 companies, i.e. over 10% of all WSE companies, were checked against the same criteria.

]]> Mon, 29 Jun 2009 14:15:10 +0200 polska@pbg-sa.pl (PBG SA) g8-2589 PBG has good management
„Gazeta Prawna” of 29th June this year published the ranking of the Presidents of companies constituting  WIG20. The President of PBG S.A., Jerzy Wiśniewski received one of the highest indices and was positioned at the second place in the ranking. It results from the ranking that the heads of construction companies bring highest added value to the companies they manage.

The function of the ranking was to show how management influence the company valuation; how  company results are assessed against the background of the branch and investors’ expectations and what company prospects are. The method accepted by „GP” assumes that a good manager should predict both the improvement in business outlook in the branch or the whole economy and notice branch or macroeconomic hazards and prepare the company for these hazards so that it benefits most in the prosperity period  and loses the least in the economic slowdown period.
 

]]> Tue, 30 Jun 2009 09:09:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2590 Conclusion of an annex to a credit agreement Polska Kasa Opieki S.A. Bank increased the amount of bank products provided to PBG S.A. to the maximum amount of PLN 97,500,000. PBG S.A. may benefit from the products offered for one year.
 

]]> Wed, 24 Jun 2009 11:29:08 +0200 polska@pbg-sa.pl (PBG SA) g8-2585 PBG Dom expands the Group PBG Dom Sp. z o.o., a PBG Capital Group company, expands its Group. At the beginning of June PBG DOM Sp. z o.o. established PBG DOM Management Sp. z o.o. company and it will hold 100 per cent of its shares. It also purchased new shares in CITY DEVELOPMENT Sp. z o.o., increasing its interest in the share capital to 75 per cent, and made a declaration that it acquired new shares in „Concept Development BSD 2” Sp. z o.o. that will account for 37 per cent in the share capital and 51 per cent in the total voting power.

]]> Wed, 24 Jun 2009 11:32:30 +0200 polska@pbg-sa.pl (PBG SA) g8-2586 Ukrainian market entered On 19 June 2009 PBG S.A. purchased 100 per cent of shares in WSCHODNI INVEST Sp. z o.o., having its registered office in Poznań, for PLN 40,000,000.00. As a result PBG S.A. included Energopol-Ukraina in the Capital Group. 51 per cent of the Ukrainian company's shares is held by WSCHODNI INVEST.
The Management Board informed that PBG Ukraina company, having its registered office in Kiev, is being established. The company will be operating in the broadly defined construction market.

 

]]> Tue, 23 Jun 2009 11:04:48 +0200 polska@pbg-sa.pl (PBG SA) g8-2583 Conclusion of a material executory agreement On 7 May 2009 PBG SA, Consortium Leader, concluded a material executory agreement with Consortium Partners, i.e. Tecnimont S.p.A. and Societe Francaise d’Etudes et de Realisations d-Equipements Gaziers “SOFREGAZ”. The subject matter of the agreement worth of PLN 283,224,600.00 net in the case of Technimont and PLN 176,327,200.00 in the case of Sofregaz is to design and deliver selected installations within the investment titled “The construction of the aboveground part of an underground Wierzchowice gas storage facility phase 3,5 bn nm3 subphase 1,2 bn nm3".

]]> Thu, 04 Jun 2009 10:12:37 +0200 polska@pbg-sa.pl (PBG SA) g8-2368 BUY PBG Analysts from DM BZ WBK in their report from May 21, 2009 have held recommendation for PBG on the BUY level. Target price of PBG stock has been increased from 260,00 PLN to 270,00 PLN. The day recommendation was given, price of PBG share was valued at the level of 206,00 PLN.
 

]]> Mon, 25 May 2009 09:05:26 +0200 polska@pbg-sa.pl (PBG SA) g8-2366 HOLD PBG shares Analysts from DI BRE Bank in their report from May 13, 2009 have held recommendation for PBG on the HOLD level, increasing its target price from 195,60 PLN do 201,60 PLN. In the day of giving recommendation, price of PBG stock was 208,30 PLN.
 

]]> Mon, 25 May 2009 09:02:24 +0200 polska@pbg-sa.pl (PBG SA) g8-2365 Results for the first quarter of 2009 Grupa Kapitałowa PBG in the first quarter of 2009 generated nearly 350 mln PLN of revenue on sale, namely by 10% more than in the analogical period of the previous year. The Group recorded at the same time the growth in the gross profit on sale by 20% in relation to the value over 60,3 mln PLN, the growth of the operational profit by 16% to the value of 34,8 mln PLN and the growth of the net profit for the shareholders of the dominant entity by as many as 57% to the value over 23,2 mln PLN.

]]> Tue, 19 May 2009 12:14:39 +0200 polska@pbg-sa.pl (PBG SA) g8-2278 The convening of OGMofS of PBG SA On June 4, 2009 in Warsaw in the Office of the PBG SA company at Aleje Ujazdowskie 41 at 13.15. the Ordinary general meeting of Shareholders of PBG SA will be held. 

]]> Tue, 19 May 2009 12:12:31 +0200 polska@pbg-sa.pl (PBG SA) g8-2276 Pledge on the HBP shares to WESTLB AG On April 22, 2009, the PBG SA company concluded the credit agreement with WESTLB AG and WESTLB Bank Polska S.A. for 56.000.000 PLN. In order to secure the credit, on April 28 the pledge was established on the shares of the HYDROBUDOWA POLSKA SA company to WESTLB AG. More: current report no 23/2009.

]]> Tue, 19 May 2009 12:11:28 +0200 polska@pbg-sa.pl (PBG SA) g8-2275 Buy PBG The analysts of the Dom Maklerski IDM SA in the report of April 29, 2009, remained unchanged the recommendation for the PBG shares on the level „buy”, lowering at the same time the target price of one PBG share from 279 PLN to 242 PLN. On the issue day of the recommendation the price of the PBG shares amounted to 209,1 PLN.

]]> Tue, 07 Apr 2009 12:22:05 +0200 polska@pbg-sa.pl (PBG SA) g8-56 GK PBG will build the stadium The international consortium, composed of the companies belonging to the Grupa Kapitałowa PBG (PBG SA, Hydrobudowa Polska SA) with ALPINE BAU DEUTSCHLAND AG, ALPINE BAU GmbH, ALPINE Construction Polska Sp. z o.o. on May 4, 2009, concluded the agreement with the Narodowe Centrum Sportu Sp. z o.o.

]]> Tue, 19 May 2009 12:13:25 +0200 polska@pbg-sa.pl (PBG SA) g8-2277 PBG SA established a company On 2 April 2009 PBG SA established PBG Export Sp. z o.o. subsidiary, having its registered office in Kraków. The shares acquired by PBG SA account for 99.95% of the new Company’s share capital. PBG Export Sp. z o.o. was established to solicit orders in Poland and abroad and to supervise their fulfilment. More: Current report no: 16/2009.

]]> Thu, 21 May 2009 10:12:44 +0200 polska@pbg-sa.pl (PBG SA) g8-2311 PBG among Forbes Diamonds PBG SA was listed among 2009 Forbes Diamonds – companies that made the best use of the prosperity period between 2005 and 2007, increasing their value on average by at least 20 percent annually. PBG SA was awarded with this distinction in the large companies category, ranking 26th in Poland and 2nd in the Wielkopolska Region.

]]> Thu, 21 May 2009 10:17:43 +0200 polska@pbg-sa.pl (PBG SA) g8-2312 Changes in the Board The PBG S.A. Supervisory Board appointed Mr. Mariusz Łożyński, who was previously a member of the Management Board, Vice-President of the Management Board at the meeting held on 28 November. Mr Mariusz Łożyński will continue supervising contracts in Poland and abroad. He will also coordinate soliciting orders in PBG Capital Group on behalf of the PBG S.A. Management Board. Moreover, Mr. Mariusz Łożyński will be responsible for the performance of contracts In the hydraulic engineering and renovation fields.

]]> Thu, 21 May 2009 10:18:36 +0200 polska@pbg-sa.pl (PBG SA) g8-2313 PBG S.A. was titled ?A Good Company” for the third time For the third time in a row, PBG S.A. was listed among twenty winners of the “Good Company” award, selected from among Rzeczpospolita’s “List of 2000”. While selecting “the most innovative Polish companies of 2008”, the jury took into account the indicators of sales dynamics in the four preceding years, increase in assets and capitals. Investment and debt indicators, as well as effectiveness-related indicators – sales profitability in the previous two years and profitability of capitals and assets (ROA and ROE) – were taken into consideration.

]]> Thu, 21 May 2009 10:19:42 +0200 polska@pbg-sa.pl (PBG SA) g8-2314 PBG S.A. is the winner in the „Panteon Polskiej Ekologii” (?House of Fame of the Polish Ecology”) competition PBG S.A. has won the national PANTEON POLSKIEJ EKOLOGII competition in the COMPANY category – „Comprehensive actions for the benefit of the environment and ecological education”. The competition organised by GEOLAND Consulting International Sp. z o.o. is directed at companies, self-government units, ecological organizations and institutions whose proecological activity contributes to the increase in the quality of natural environment in specific regions.

]]> Thu, 21 May 2009 10:35:47 +0200 polska@pbg-sa.pl (PBG SA) g8-2315 PBG SA among the companies of the highest reputation PBG SA has found its way to the list of awarded Companies as part of PremiumBrand – Independent Listed Companies’ Reputation Rating. In the general classification, PBG SA was ranked third, at the same time receiving the title of the 2008 HIGHEST REPUTATION BRAND in the Construction category. HYDROBUDOWA POLSKA S.A., another company from the PBG Capital Group, was also included in the list of Laureates in the same category.

]]> Thu, 21 May 2009 10:36:47 +0200 polska@pbg-sa.pl (PBG SA) g8-2316 HYDROBUDOWA 9 SA has established a Company On 11th September 2008, HYDROBUDOWA 9 PIB S.A. established a company under the name GÓRECKA PROJEKT Sp. z o.o., with its registered office in Poznań. The shares acquired by HYDROBUDOWA 9 represent 100% of the share capital of the new Company. GÓRECKA PROJEKT Sp. z o.o. is a purpose company, established with the goal to execute a commercial project which consists in the construction of an office building. The Board of Directors of HYDROBUDOWA 9 may in the future increase the capital of the new Company.

]]> Thu, 21 May 2009 10:45:48 +0200 polska@pbg-sa.pl (PBG SA) g8-2319 Changes to PBG Capital Group HYDROBUDOWA 9 PIB SA, whose previous majority shareholder was PBG SA, joined HYDROBUDOWA POLSKA Capital Group. This comes as a result of the court-registered increase in the company capital of Hydrobudowy Polska SA by series L shares, subscribed to by all shareholders in HYDROBUDOWA 9 Przedsiębiorstwo Inżynieryjno-Budowlane SA, in the private subscription procedure, in exchange for in-kind contribution, being 100% of shares in Hydrobudowa 9 SA. After the company capital increase in HYDROBUDOWA POLSKA SA, the share of PBG SA in the total shareholding structure grew from the previous 60,69% to 61,61%, and the result of HYDROBUDOWA 9 PI-B SA will be consolidated with the results of PBG Capital Group indirectly, through a 100% consolidation with the results of HYDROBUDOWA POLSKA SA.

]]> Thu, 21 May 2009 10:40:55 +0200 polska@pbg-sa.pl (PBG SA) g8-2317 HYDROBUDOWA 9 SA has established a Company On 11th September 2008, HYDROBUDOWA 9 PIB S.A. established a company under the name GÓRECKA PROJEKT Sp. z o.o., with its registered office in Poznań. The shares acquired by HYDROBUDOWA 9 represent 100% of the share capital of the new Company. GÓRECKA PROJEKT Sp. z o.o. is a purpose company, established with the goal to execute a commercial project which consists in the construction of an office building. The Board of Directors of HYDROBUDOWA 9 may in the future increase the capital of the new Company.

]]> Thu, 21 May 2009 10:43:56 +0200 polska@pbg-sa.pl (PBG SA) g8-2318 Resignation of a PBG Supervisory Board member On 1 September 2008, the Board of Directors of PBG S.A. received from Ms Małgorzata Wiśniewska a statement of resignation from the position of a member of the Supervisory Board of PBG S.A. Ms Małgorzata Wiśniewska’s resignation is related to her being appointed as President of the Board of Directors of a PBG S.A. subsidiary - INFRA S.A.

]]> Thu, 21 May 2009 10:49:00 +0200 polska@pbg-sa.pl (PBG SA) g8-2320 Acquisition of shares by a Subsidiary The Board of Directors of PBG S.A. informed about the acquisition of 250 shares in DAWIL Sp. z o.o. by PBG Subsidiary, PBG Dom Sp. z o.o. The shares acquired for the total amount of PLN 25,000.00 represent 50% of Company’s share capital and the same amount of in the total number of votes.

]]> Thu, 21 May 2009 10:49:53 +0200 polska@pbg-sa.pl (PBG SA) g8-2321 New company in the PBG Capital Group, soon In the period from 23rd July 2008 to 28th July 2008, HYDROBUDOWY POLSKA S.A., member of the PBG Capital Group, concluded more conditional agreements on the acquisition of shares of PRG Metro Sp. z o.o. The Company increased the number of acquired shares to 465, at nominal per-share value of PLN 1,000.00, which represents 84.55% of the share capital of the acquired company. Thus, the company finished concluding conditional agreements on the acquisition of shares of PRG Metro Sp. z o.o.

]]> Thu, 21 May 2009 10:50:44 +0200 polska@pbg-sa.pl (PBG SA) g8-2322 A new proxy The Board of Directors of PBG S.A. appointed Mr. Paweł Buczkowski, acting Hydrotechnical Construction Director, as a proxy. Presently, the Board of Directors of PBG is composed of 12 members, including 6 proxies.

]]> Thu, 21 May 2009 10:55:00 +0200 polska@pbg-sa.pl (PBG SA) g8-2323 Metro as part of Hydrobudowa? On 26 June 2008, HYDROBUDOWA POLSKA S.A., member of the PBG Capital Group, concluded conditional agreements on the acquisition of 158 shares in Przedsiębiorstwo Robót Górniczych „Metro” Sp. z o.o., representing 28,73% of the share capital. The nominal value of each acquired asset totals PLN 1,000.00. The Parties have agreed that if all Conditions Precedent are not met by 15 September 2008, the agreements will become null and void.

]]> Thu, 21 May 2009 10:56:28 +0200 polska@pbg-sa.pl (PBG SA) g8-2324 PBG among "The Largest..." PBG SA ranked 7 among 41 “The Largest Construction Contractors 2007" - the ranking published in the June edition of “Home&Market” economic magazine. The main criterion was net revenues from sales in 2007. PBG sales in this period totalled PLN 1.38 billion.

]]> Thu, 21 May 2009 10:57:46 +0200 polska@pbg-sa.pl (PBG SA) g8-2325 A new company HYDROBUDOWA POLSKA SA, member of the PBG Capital Group, established a new company – HYDROBUDOWA POLSKA KONSTRUKCJE Sp. z o.o., with its registered office in Mikołowo, on 16th May 2008. The new company is in 100% owned by HYDROBUDOWA POLSKA SA. The Company’s business will include production and assembly within the following scope: production and assembly of steel constructions, devices and installations, steel tanks, execution of comprehensive installation projects for industry, petrochemical industry in particular.

]]> Thu, 21 May 2009 11:11:55 +0200 polska@pbg-sa.pl (PBG SA) g8-2326 Order from Pomerania Companies of PBG Capital Group (Hydrobudowa Polska SA – Consortium Leader, PBG SA and Hydrobudowa 9 P.-I.-B. SA – Consortium Partners) jointly with Przedsiębiorstwo Inżynierii Ochrony Środowiska “Ekoklar” Sp. z o.o. concluded an agreement with Rewal municipality on 29th April 2008. The subject matter of the contract of PLN 22.9 million is the extension and modernisation of waste water treatment plant in Pobierowo, Rewal municipality. The agreement will be performed by 15th December 2009.

]]> Thu, 21 May 2009 11:26:28 +0200 polska@pbg-sa.pl (PBG SA) g8-2327 "List of 500" of Rzeczpospolita daily On 29th April 2008 for the 10th time Rzeczpospolita daily published a list of five hundred largest enterprises in Poland. In the general classification PBG Capital Group ranked 196, i.e. 108 ranks higher than in the previous year. This gives PBG seventh rank on the list of companies with the highest progress rate in 2007 on year 2006. In terms of estimate valuation, PBG Capital Group with the capital of PLN 4298 million ranked 52.

]]> Thu, 21 May 2009 11:29:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2328 Acquisition of material assets by a subsidiary On 2nd April 2008, INFRA S.A., a subsidiary company of PBG S.A., acquired 25 969 shares in “WIERTMAR” Sp. z o.o. with its registered office in Kopanka. The total transaction value totals PLN 4 207 774.19. The acquired shares represent 51% of the share capital of “WIERTMAR” Sp. z o.o. (more: Current report no. 15/2008; 3rd April 2008)

]]> Thu, 21 May 2009 11:52:40 +0200 polska@pbg-sa.pl (PBG SA) g8-2329 Acquisition of shares in BETPOL SA On 13th March 2008 an agreement for the disposal of shares was concluded. Under the agreement PBG SA acquired 14 244 999 shares of BETPOL SA at the per-share value of PLN 1. The shares have been acquired at the per-share price of PLN 2.90. The purchased shares represent 70 % of share capital and 70% of the voting power in the said Company. (more: current report 10/2008; 13th March 2008)

]]> Thu, 21 May 2009 11:59:24 +0200 polska@pbg-sa.pl (PBG SA) g8-2330 New IT Company in the Group On 15 February 2008, PBG SA established and IT company under the name AVATIA Sp. z o.o., with its registered seat in Wysogotowo near Poznań. PBG SA holds 99.80% in share capital and voting power. As a member of the PBG Capital Group, AVATIA will provide IT support to all Companies forming the Group. The Company is at the stage of registration.

]]> Thu, 21 May 2009 12:03:25 +0200 polska@pbg-sa.pl (PBG SA) g8-2331 Declarations of obligated persons In 2007, Members of the Board of Directors, Proxies and a Member of the Supervisory Board of PBG SA acquired Company shares as part of the Incentive Scheme. In August 2007, they acquired 5,230 shares from the Underwriter in total, at the per-share price at PLN 1.16. (more: Current report no. 004/2008)

]]> Thu, 21 May 2009 12:05:34 +0200 polska@pbg-sa.pl (PBG SA) g8-2332 Declaration of a Supervisory Board member Vice-Chairman of PBG Supervisory Board, Mr. Jacek Kseń informed about the acquisition of 50 ordinary bearer shares of PBG SA at the per-share PLN 300.00. The transaction took place in November last year. (more: current report: 003/2008)

]]> Thu, 21 May 2009 12:08:20 +0200 polska@pbg-sa.pl (PBG SA) g8-2333 Registered pledge On 15th January 2008 PBG S.A. concluded an agreement on encumbering PRID SA shares with registered pledge with Polska Kasa Opieki SA. The encumbered assets represent 100% of share capital. The agreement was concluded to secure the Bank’s claims of PLN 18 700 000 arising from the investment loan granted by the Bank to PBG SA up to the amount given above. The loan is additionally secured by a bond granted by Hydrobudowa Polska SA. (more: current report no 002/2008, 15th January 2008)

]]> Thu, 21 May 2009 12:09:24 +0200 polska@pbg-sa.pl (PBG SA) g8-2334 Change of Company name As Hydrobudowa Włocławek S.A., a subsidiary, informs in its current report no. 05/2008, the Local Court for Poznań Nowe Miasto and Wilda, 8th Economic Division of the National Court Register, registered the change of Company name from HYDROBUDOWA Włocławek S.A. to HYDROBUDOWA POLSKA S.A.

]]> Thu, 21 May 2009 12:10:23 +0200 polska@pbg-sa.pl (PBG SA) g8-2335 Another Company of the Group has been included in the limit As Hydrobudowa Włocławek SA, member of the Capital Group, informs in current report no. 1/2008 of 3rd January 2008 (available under the following address: http://www.hydrobudowa-wloclawek.pl/), on 21st December 2007 an annex was added to the Framework Agreement concluded with ING Bank Śląski SA for granting a limit of PLN 100,000,000.

The Framework Agreement was concluded on 6th September 2007, with its Parties being PBG SA and its subsidiaries – Hydrobudowa Włocławek SA and Infra SA. Pursuant to the Annex, Hydrobudowa 9 Przedsiębiorstwo Inżynieryjno-Budowlane SA – another company of the Group – may use the credit limit. As a result, the Company assumed the obligations of other Parties to the agreement and granted corporate guarantee to Bank Śląski SA up to the amount of PLN 100,000,000, which PBG SA informed of in report no. 1/2008 of 3rd January 2008. More in PBG SA report no. 1/2008 of 3rd January 2008

]]> Thu, 21 May 2009 12:11:34 +0200 polska@pbg-sa.pl (PBG SA) g8-2336 Issue of obligations by PBG SA and granting guarantees The Board of Directors of PBG S.A. hereby informs that on 12th December 2007 it issued bearer bonds. The value of the issue is PLN 200,000,000 (say: two hundred million zlotys). Nominal value of 1 bond is: PLN 100.000, and minimum issue price will amount to 100% of bond’s Nominal Value.

The purpose of the issue of bonds is the improvement of financing by means of changing a short-term debt into long-term debt, gaining funds for acquisitions/capital investments and payment of a current liability with regard to bonds issued in 2005. Guarantees, up to the value of the issue, as the law stipulates, have been granted by three Issuer’s subsidiaries: Hydrobudowa Włocławek SA, Infra Sp. z o.o. and Hydrobudowa 9 SA.
 

]]> Thu, 21 May 2009 12:12:33 +0200 polska@pbg-sa.pl (PBG SA) g8-2337 Notification on exceeding 5% of the total number of votes The Board of Directors of PBG S.A. was informed by ING Nationale Nederlanden Polska Otwarty Fundusz Emerytalny that following an acquisition transaction of PBG SA shares, the Fund holds the Company's shares representing over 5% of votes at the General Meeting of Shareholders of PBG SA. The Fund holds 912,991 shares of PBG SA, representing 6.80% of the Company's share capital. The shares represent 912,991 votes at the General Meeting of Shareholders of PBG SA, i.e. 5.09% of the total number of votes.

]]> Thu, 21 May 2009 12:14:27 +0200 polska@pbg-sa.pl (PBG SA) g8-2338 Increase of capital of PBG Dom Sp. z o.o. On 16th February the District Court in Poznań adopted a decision to register the increase of share capital of a subsidiary – PBG Dom Sp. z o.o. The capital increase covered 3,572 shares. As a result, the share capital increased to PLN 2 357 000, and the share of PBG SA in the number of votes and share capital of PBG Dom Sp. z o.o. totals 84.85%.

]]> Thu, 21 May 2009 12:19:43 +0200 polska@pbg-sa.pl (PBG SA) g8-2339 PBG granted the title of a Good Company for the second time For the second time, PBG SA was awarded a prestigious prize of a “Good Company”. It is a derivative of the sixth edition of the Rzeczpospolita’s „List of 2000”. In selecting winners, the chapter – similarly to the preceding editions - analysed indexes of sales dynamics in the four recent years and the increase in assets and in capital. Indexes connected with effectiveness, such as sales profitability in the two recent years and capital and asset profitability, were taken into account. Companies’ capacity for development, measured by investment indexes, was also assessed.

]]> Thu, 21 May 2009 12:29:42 +0200 polska@pbg-sa.pl (PBG SA) g8-2340 Debut on the main market Hydrobudowa Włocławek S.A., owned by the PBG Group, made its debut on the main market of the Warsaw Stock Exchange. Series A, B, C, D, E, F, G, H, I and J ordinary bearer shares have been admitted to trading on the WSE. It is the 49th debutante in 2007. The company has been included in the „construction” sector.

]]> Thu, 21 May 2009 12:31:00 +0200 polska@pbg-sa.pl (PBG SA) g8-2341 PBG SA in the "Golden 100” PBG SA was ranked 4th in the „Wielkopolska Golden 100” rating published by „Głos Wielkopolski”, Wielkopolski Dom Mediowy (Wielkopolska Media House) and Centrum Ekspertyz Gospodarczych FAE (Economic Analysis Centre at the University of Economics Foundation). In the “Friendly Employer” rating, the company was ranked 11th, in the “Golden Investor” rating it came 13th, and the level of revenues allowed it to take the 16th position in the “100 companies in terms of revenues” rating.

]]> Thu, 21 May 2009 12:40:25 +0200 polska@pbg-sa.pl (PBG SA) g8-2342 Infra Sp. z o.o. - acquisition Infra Sp. z o.o. has acquired 51.02 % of shares in "PRIS" Sp. z o.o., a company whose business consists in the monitoring of pipelines and no-dig technologies. The acquisition of shares by Infra shall strengthen the executive side of the PBG Capital Group in this field.

]]> Thu, 21 May 2009 12:41:25 +0200 polska@pbg-sa.pl (PBG SA) g8-2343 Top Manager The September issue of “Forbes” magazine published a list of true masters of capital allocation. President of the Board of Directors Jerzy Wiśniewski ranked 6th in the Ranking of 20 Business Leaders of 2007. The “Forbes” ranking promotes spectacular successes of restructuring, acquisitions, robust increases of companies goodwill, successes on the markets and in new sectors.

President of the Board of Directors Wiśniewski has been appreciated mostly due to the fact that with the margin of 8.4% PBG became the most profitable company of the construction sector. Year 2003 turned out to be a breakthrough when Jerzy Wiśniewski decided that mergers and acquisitions should follow the years of limited growth. He opted for the prospective sector of water building.

]]> Thu, 21 May 2009 12:42:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2344 PRESS RELEASE Dear Sirs/Madams, We would like to inform you that with regard to assigning Mr Robert Białczyk to other tasks at PBG Capital Group, since 1st August 2007 the function of Company Spokesperson has been taken over by Mr Jacek Krzyżaniak, member of the Supervisory Board of PBG S.A. and Director of the Investor Relations Department. Mr Jacek Krzyżaniak can be reached at tel. no. 0 605 470 599 or 061 665 17 61 and e-mail jacek.krzyzaniak@pbg-sa.pl. Board of Directors of PBG SA

]]> Thu, 21 May 2009 12:43:49 +0200 polska@pbg-sa.pl (PBG SA) g8-2345 Vernissage in PBG We cordially invite you to our employees' joint exhibition entitled "PBG Employees present". The exhibition will be previewed on Monday, 11th July at 12:00 at PBG Gallery.

]]> Thu, 21 May 2009 12:44:38 +0200 polska@pbg-sa.pl (PBG SA) g8-2346 New company in PBG Capital Group Under agreements concluded on 21st May 2007 Apartamenty Poznańskie Sp. z o.o. joined PBG Capital Group. PBG holds 51% of the Company’s share capital. Apartamenty Poznańskie Sp. z o.o. carries out construction and development activities. PBG SA does not plan to change the Company’s core business.

]]> Thu, 21 May 2009 12:45:32 +0200 polska@pbg-sa.pl (PBG SA) g8-2347 PBG Gallery “Painting in spring” is the title of the exhibition housed in the PBG seat from 14 May 2007 to 8 June 2007. The author of the exhibition is the School of Fine Arts graduate Julia Mazanka.

]]> Thu, 21 May 2009 12:46:26 +0200 polska@pbg-sa.pl (PBG SA) g8-2348 List of 500 biggest companies Today for the ninth time daily "Rzeczpospolita" issued list of 500 biggest companies. In general clasification according to value of income, PBG S.A. took 304 place, that`s more than 100 positions better than last year. Company took 5 place of "Companies which noted the highest promotion on the list. PBG S.A. also took 20 place in subclasification - "Biggest income increase" (with income dynamics 64,5 percent). "Rzeczpospolita" prepared also a list of most dynamic construction companies where PBG S.A. took 2 place. Company noted a 9 position in growth of employment category. PBG S.A. was estimated on 4,9 billion PLN and took 52 place.

]]> Thu, 21 May 2009 12:49:03 +0200 polska@pbg-sa.pl (PBG SA) g8-2349 Rating of 100 most valuable GK PBG reached 62 position in the rating of 100 most valuable companies in Poland. The value of PBG in 2006 was 3,1 billion PLN. At present (23rd April 2007) the value of PBG is 5,7 billion PLN and PBG shares are worth 420 PLN. The rating published in "Newsweek" was prepared by consulting company called A.T. Kearney.
 

]]> Thu, 21 May 2009 12:51:53 +0200 polska@pbg-sa.pl (PBG SA) g8-2350 Vernissage in PBG The exhibition called 'Between' will start Magdalena Parnasow’s vernissage on 17th April 2007. The exhibition will be opened till 11th May 2007. You are welcomed!

]]> Thu, 21 May 2009 12:52:57 +0200 polska@pbg-sa.pl (PBG SA) g8-2351 PBG-Lokomotywa Polskiej Gospodarki PBG has taken 11th position on the list of Lokomotywy Polskiej Gospodarki put out by Magazyn Ekonomiczny "Home & Market". As far as the construction works are concerned, PBG took second position.

]]> Thu, 21 May 2009 12:54:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2352 PBG ? The Diamond of Forbes PBG Company has been accepted as one of the big companies of “The Diamonds of Forbes”. The big companies called “The Diamonds of Forbes” are companies that increase their value as soon as possible. PBG occupies the fifth place with the average value increase of 46% between 2003-2005. It is the Globe Trade Centre with value increase of 65% that has become the first on the list of The Diamonds of Forbes”.

Apart from “The Diamonds of Forbes” classified according to capital turnover of big companies (the revenue of which is less than 200 million of Polish zloty) and “The Diamonds of Forbes” concerning small and medium companies (the revenue of which is between 8-200 million of Polish zloty), the organizers of “The Diamonds of Forbes” have also prepared the ratings of the best companies in particular industrial branch.

Two joint stock companies of PBG group have been classified among the best companies in building engineering branch. These companies are Hydrobudowa Włocławek with the average value increase of 112% classified as the third on the list and PBG classified as the 19th.

]]> Thu, 21 May 2009 12:56:45 +0200 polska@pbg-sa.pl (PBG SA) g8-2353 Vernissage in PBG The exhibition called 'The red' will start Mikołaj Obrycki`s vernissage on 19th February 2007. The exhibition will be opened till 19th March 2007. You are welcomed!

 

]]> Thu, 21 May 2009 12:57:33 +0200 polska@pbg-sa.pl (PBG SA) g8-2354 Vernissage in PBG The Opening Ceremony of An Artistic Year will be held on the 15th of January 2007 at 14:00. The ceremony will be opened by Miss Magdalena Burkowicz - a young artist from Krakow. A cycle of drawings and tapestry called "Vermine" will be presented in PBG Company in Poznań. The exhibition will be held till the 16th of February.

]]> Thu, 21 May 2009 12:58:29 +0200 polska@pbg-sa.pl (PBG SA) g8-2355 PBG-Company Close To The Environment PBG S.A. company has been rated to the circle of 35 winners of ’Firma Bliska Środowisku” (“Company Close To The Environment’) competition. Ceremonial certificates awarding is going to take place at 17th of January 2007.
 

]]> Thu, 21 May 2009 12:59:44 +0200 polska@pbg-sa.pl (PBG SA) g8-2356 Changes in PBG Group We are planning the further extension of the Capital Group. President Wiśniewski said while meeting the journalists on 3 January 2007: “The canvasing of the road companies is going to be carried out after the emission. We plan to take over the companies in the first quarter of the year”. We want to buy a total of three to five road building companies.

]]> Thu, 21 May 2009 13:00:47 +0200 polska@pbg-sa.pl (PBG SA) g8-2357 Vernissage in PBG On 11 December 2006 at 2 p.m. a vernissage of the works of Mr Wiesław Bober - “WBArt dla PBG” will take place. It will be an exhibition of design, graphic and paint works. The works can be admired until 12 January 2007. This is the 9th exhibition organized by the “PBG Galery”.

 

]]> Thu, 21 May 2009 13:01:35 +0200 polska@pbg-sa.pl (PBG SA) g8-2358