Edition:
United Kingdom

Rafako SA (RFK.WA)

RFK.WA on Warsaw Stock Exchange

2.03PLN
24 Sep 2018
Change (% chg)

-0.04zł (-1.93%)
Prev Close
2.07zł
Open
2.09zł
Day's High
2.11zł
Day's Low
2.03zł
Volume
254,225
Avg. Vol
167,243
52-wk High
5.45zł
52-wk Low
1.99zł

Latest Key Developments (Source: Significant Developments)

Rafako Q2 Net Result Swings To Profit Of 6.2 Million Zlotys
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Rafako SA ::Q2 NET PROFIT 6.2 MILLION ZLOTYS VERSUS LOSS 2.3 MILLION ZLOTYS YEAR AGO.Q2 REVENUE 326.2 MILLION ZLOTYS VERSUS 432.2 MILLION ZLOTYS YEAR AGO.  Full Article

Polimex Mostostal Updates On Contract With Rafako
Tuesday, 21 Aug 2018 

Aug 22 (Reuters) - POLIMEX MOSTOSTAL SA ::SAID ON TUESDAY THAT SOME TERMS OF THE CONTRACT BETWEEN ITS UNIT, POLIMEX ENERGETYKA (CONTRACTOR), AND RAFAKO <<>>(CONTRACT PROVIDER) HAVE BEEN CHANGED.UNIT SIGNED DEAL WITH RAFAKO IN 2017 FOR DELIVERY AND INSTALLATION OF STEEL STRUCTURES FOR POWER BLOCKS AT A PLANT OF ENEA WYTWARZANIE.UNIT REMUNERATION HAS BEEN RESET AT 60.0 MLN ZLOTYS NET.PARTIES WAIVED ALL CLAIMS AGAINST EACH OTHER (EXCEPT CONTRACTUAL PENALTIES) AND RAFAKO IS TO PAY 4.9 MLN ZLOTY RECEIVABLES DUE TOWARDS THE CONTRACTOR WITHIN 14 DAYS.  Full Article

Rafako Completes Further Phase Of Restructuring
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Rafako SA ::SAYS COMPLETES FURTHER PHASE OF RESTRUCTURING.SAYS AS A RESULT OF RESTRUCTURING NUMBER OF CUT POSITIONS DID NOT EXCEED 276 AGREED WITH UNIONS.SEES TOTAL SAVINGS SINCE THE BEGINNING OF RESTRUCTURING FROM JOB CUTS OF 15 MILLION ZLOTYS, INCLUDING 12 MILLION ZLOTYS IN 2018.  Full Article

Rafako Signs 181.6 Million Zlotys Net Deal With PGE
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Rafako SA ::SIGNS 181.6 MILLION ZLOTYS NET DEAL WITH PGE GÓRNICTWO I ENERGETYKA KONWENCJONALNA FOR FLUE GAS DESULFURIZATION INSTALLATION AT FOUR POWER BLOCKS AT BEŁCHATÓW POWER PLANT.  Full Article

Rafako 199.3 Mln Zloty Offer In Consortium Chosen In Tender
Wednesday, 18 Jul 2018 

July 18 (Reuters) - RAFAKO SA ::ITS 199.3 MILLION ZLOTY NET OFFER IN CONSORTIUM HAS BEEN CHOSEN MOST FAVOURABLE IN TENDER BY ENERGA WYTWARZANIE.THE CONSORTIUM CONSISTS OF ENERGA SERWIS SP. Z O.O. AND RAFAKO (CONSORTIUM LEADER WITH 63.3 PCT PARTICPATION RATE).THE OFFER IS FOR THE CONSTRUCTION OF FLUE GAS DESULFURIZATION INSTALLATION IN OSTROLEKA POWER PLANT B.  Full Article

Elering Cancels Its Choice Of Rafako's Offer
Thursday, 12 Jul 2018 

July 12 (Reuters) - RAFAKO SA ::SAYS ELERING AS CANCELS ITS CHOICE OF CO'S OFFER FOR CONSTRUCTION OF GAS COMPRESSION STATION IN ESTONIA.SAYS ELERING'S DECISION IS FINAL AND IS THE RESULT OF CANCELLATION OF ONE COUNTER-BID.CO ALSO SAYS THAT ITS ORDER PORTFOLIO PRESENTED IN PERIODIC REPORTS DID NOT INCLUDE THE VALUE OF THE ABOVE-MENTIONED TASK.CO INFORMED ABOUT ITS OFFER BEING CHOSEN BY ELERING AS IN MARCH nFWN1R20LG.  Full Article

Rafako 182 Mln Zloty Offer Chosen In Tender By PGE
Wednesday, 11 Jul 2018 

July 12 (Reuters) - RAFAKO :SAID ON WEDNESDAY THAT ITS 181.6 MLN ZLOTY NET OFFER HAS BEEN CHOSEN IN A TENDER AS MOST FAVOURABLE BY PGE <<>>.THE OFFER IS FOR THE MODERNISATION OF FLUE GAS DESULFURIZATION INSTALLATIONS IN BELCHATOW POWER PLANT BLOCKS.  Full Article

Rafako Its C. 124.9 Mln Zloty Net Offer Chosen Most Favourable
Friday, 27 Apr 2018 

April 27 (Reuters) - RAFAKO SA ::ITS C. 124.9 MILLION ZLOTY NET OFFER CHOSEN MOST FAVOURABLE IN TENDER BY OGP GAZ- SYSTEM.  Full Article

Rafako Unable To Appeal Against Ostroleka Power Plant Tender Decision
Monday, 16 Apr 2018 

April 16 (Reuters) - RAFAKO SA ::SAYS POLIMEX-MOSTOSTAL <<>> HAS RESOLVED NOT TO APPEAL IN REGARDS TO OSTROLEKA POWER PLANT TENDER WON BY GE/ALSTOM, COMPANY SAYS IN A STATEMENT.SAYS POLIMEX-MOSTOSTAL DECISION PREVENTS CO'S APPEAL AS ALL PARTIES OF CONSORTIUM SHOULD SIGN THE APPEAL.CONSORTIUM OF GE POWER AND ALSTOM POWER WAS SELECTED TO BUILD A 1,000 MEGAWATT COAL-FUELLED POWER PLANT IN OSTROLEKA FOR POLISH STATE-RUN UTILITIES ENERGA <<>> AND ENEA <<>>, ENERGA SAID ON APRIL 4 nFWN1RH0JN.  Full Article

PBG Management Accepts Updated Strategy For 2018-2020
Thursday, 5 Apr 2018 

April 6 (Reuters) - PBG SA ::SAID ON THURSDAY MANAGEMENT ACCEPTED UPDATED STRATEGY FOR 2018-2020 .THE UPDATED STRATEGY ASSUMES LONG-TERM INCREASE IN VALUE OF COMPANY VIA CONSTRUCTION OF LARGEST POLISH ENGINEERING AND CONSTRUCTION GROUP BASED ON RAFAKO GROUP <<>>.UNDER UPDATED STRATEGY COMPANY PLANS TO EXPAND ON FOREIGN MARKETS IN TWO STRATEGIC SECTORS: POWER ENGINEERING AND NATURAL GAS AND OIL.PLANS TO PARTICIPATE IN INDUSTRIAL CONSTRUCTION MARKET.SAYS STRATEGIC PLANS WILL BE REALIZED BY REORGANIZING PBG GROUP, WHICH IS TO INCREASE RAFAKO'S AREA OF COMPETENCE.PLANS TO MERGE RAFAKO ENGINEERING SP. Z O.O., PBG OIL AND GAS SP. Z O.O. AND PGL DOM SP. Z O.O. AND RAFAKO <<>> WILL HOLD MAJORITY STAKE IN THE COMBINED ENTITY .  Full Article

Polimex lifted by deal with GE on Poland's last coal power plant

WARSAW, June 22 Polish construction firm Polimex-Mostostal said on Friday it had signed a letter of intent with GE Power for the joint construction of a 1,000 megawatt (MW) unit at the Ostroleka power plant, sending its shares 13 percent higher.