Current report no 88 / 2011

Current report no 88 / 2011 - 7 November 2011 / 00:00

Acquisition of Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. – conclusion of due diligence

With reference to current reports no. 73/2011 of 4 August 2011 and 85/2011 of 14 October 2011, the Management Board of Budimex SA reports that on 7 November 2011 due diligence of PNI Sp. z o.o. was concluded. Budimex SA holds the intention to acquire railway undertaking and it will effect the payment for 100% of shares in a company operating under the business name Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. within 10 days from presenting by PKP SA necessary formal permissions and declarations determined in the contract.