About company
About RESBUD SE
RESBUD SE is a modern, dynamically growing European holding company present on the construction, power and civil engineering markets, and also dealing with manufacturing, logistics and delivery of materials and equipment for the construction and power sectors. RESBUD SE has been listed on the Warsaw Stock Exchange since September 2007. It combines a modern approach to business with a 70-year tradition in the construction industry.
In RESBUD SE investment portfolio, there are companies that specialize first and foremost in: construction of civil engineering structures on road and railroad routes, reinforced concrete structures, civil works, civil engineering, production of bituminous masses and concrete, production, construction, installation and modernization of power transmission lines (PTL) and construction of power substations, as well as supply of materials and equipment for major infrastructure projects.
70 years
tradition in the construction industry
34 704 306 EUR
share capital of the Company
Central and Eastern Europe, Uzbekistan
contracts carried out
September 2007
listed on the Warsaw Stock Exchange
The scope of activities of RESBUD SE companies:
- construction of civil engineering structures on road and railroad routes,
- reinforced concrete structures,
- civil works, civil engineering,
- production of bituminous masses and concrete,
- production, construction, installation and modernization of power transmission lines (PTL) and construction of power substations,
- supply of materials and equipment for major infrastructure projects.
Our investments
Conpol Sp. z o.o.
Conpol sp. z o.o. has an extensive competences in a field of engineering and energy construction, as well as the production of concrete and asphalt. The company is currently successfully operating on the Polish market, participating as a contractor in projects in the field of cubature, engineering and road construction.
The company’s major projects include: the expansion of the International Passenger Terminal Kraków-Balice, the construction of A1 highway between Tuszyn and Pyrzowice (section G), construction of engineering structures (bridges, viaducts) with accompanying infrastructure in the railroad E59 (Leszno-Czempiń section), construction work at the Kraków Mydlniki-Kraków Główny Towarowy section of the railroad E30, construction of the Szczecinek bypass along the national road No. 11, construction of the Maintenance Circuit of the Jawor Road at S3 along with the bridge structures, construction of engineering structures (bridges) and production of concrete for the implementation of bridge structures at the construction of the S61 Via Baltica expressway running from Warsaw to Tallinn in Estonia, as well as delivery of concrete for the general contractor of the S-8 route (section Radziejowice-Janki) – the Strabag company.
Conpol sp. z o.o. gained vast experience in the construction industry on eastern markets. The projects implemented there, such as the expansion of terminal D at the BORYSPOL airport in Kiev, allowed to develop a modern form of the company’s activity and to attract a number of specialized companies from Lithuania, Latvia, Belarus and Ukraine for cooperation.
The scope of the company’s activity also includes the production of concrete according to customer preferences, for the construction of bridges and viaducts. Conpol uses two modern mobile concrete batching plants – BHS Duomix 250 type with very high efficiency (220-250 m3/h) and WBT McCrory (with efficiency of 100 m3/h).
Conpol sp. z o.o. is a member of the Polish chamber of Construction Industry and Trade, registration number 801.
www.conpol.pl
Uniwersim Sp. z o.o
Company manufactures asphalt mixtures intended for the performance of all structural layers of pavements for roads of the traffic category from KR1 to KR7. Company’s key competitive advantage is a mobile concrete plant with very high performance and a team of highly qualified operators.
For many years Uniwersim sp. z o.o. has been cooperating with companies specializing in the modernization and reconstruction of local and provincial roads, as well as with companies implementing contracts for the construction of expressways and motorways. In 2017-2019, the plant was the main producer of the mixture for Strabag S. A. for the expansion of the national road No. 8 on the Radziejowice-Przeszkoda section.
Uniwersim takes care of contracts from the side of concrete production with the use of own or customer materials. It offers a wide range of concretes, taking into account the intended use of the material, construction method, environmental conditions, investment specification as well as individual customer preferences: for substructures, goods, construction and bridges. For the production of concrete, a modern BHS Duomix 250 type mobile concrete batching plant is used, with a capacity of 220-250 m3 / h, depending on the type of concrete produced.
For the production of bituminous masses, it uses a fully automated installation of the BENNINGHOVEN TBA 160/240 OU brand with a mixing capacity of 160 t/h. The qualified FOREQ Laboratory controls the proper course of technological processes during the production of bituminous masses.
Since 2015, it has had the Factory Control Certificate confirming the plant’s ability to produce asphalt mixtures according to European standards PN-EN 13108-1.
www.uniwersim.pl
United Grid Solutions LLC and Grid Solutions LLC being the majority shareholders of Elektrqrqishloqqurilish JSC
RESBUD SE holds 100% of shares in United Grid Solutions and Grid Solutions, which hold 58.41% of Elektrqrqishloqqurilish JSC shares.
Elektrqrqishloqqurilish JSC is a company operating in the electricity sector, engaged in the production, construction, installation and modernization of power lines and the construction of power substations in the Republic of Uzbekistan, as well as the production of steel and reinforced concrete products. The company employs approximately 900 people and possess 430 machines, including: trucks, bulldozers, truck cranes, hydraulic machines, excavators and mobile power stations.
Elektrqrqishloqqurilish JSC is considered one of the leading contractors of power grid facilities in Central Asia. The company performed power-electrical work for such manufacturing companies as: Hyundai Engineering, Eriell, Hengyuan Group Co. Ltd. or Lukoil. The company’s assets include the Namangan Iron Structures Factory, the Kuvasoy Concrete Products Factory, the Technological Equipment Production Plant in Tashkent and other assets.
The Company’s past implementations include such important infrastructure projects as the construction of 110 kV overhead lines for:
- Kungrad Soda Plant,
- Arnasay Water Reservoir,
- Bekabad Metallurgical Plant,
220kV line:
- from Kizil Rovat substation to Yulduz substation,
- from Lochin substation to Fazilman substation,
- from the Uzbekistan substation to the Paulgan substation,
- from the Turakurgan power plant to the Yulduz substation,
500kV line:
- Guzar – Regar relationship,
- Surkhan – Yuulduz substation,
and reconstruction of numerous 500kV stations, traction substations and other key installations in Uzbekistan.
The company sees the potential for a large increase in the order portfolio, both in the Republic of Uzbekistan and in other countries of the Central Asian region.
RESBUD SE – We build to connect people
Our mission is to increase the value of the companies that comprise the holding through monitoring and coordinating their development. We want to generate profits for our shareholders and create added value for the economy, the society and the environment.
Therefore, we constantly develop our experience and knowledge, following the highest standards and best practices in the construction industry. By supporting the construction of modern infrastructure facilities, we want to improve the quality of life – today and tomorrow.
The company's history
In the 1950s, the company operated in south-east Poland. Its dynamic development was a consequence of a significant demand for construction and assembly services. The company had over seven thousand employees and delivered more and more organizationally and technologically advanced projects. It was then that RESBUD established its unquestioned position of the construction industry leader in south-east Poland.
At the end of the 1960s, the company continued investment projects on the Polish market and, at the same time, started its expansion abroad. RESBUD’s engineers and employees worked in several European countries, including the Federal Republic of Germany, the German Democratic Republic, Czechoslovakia, Hungary, Belgium, and also on other continents, e.g. Africa, where it delivered a contract in Libya.
In the 1980s and in the first half of the 1990s, over 1,100 people were involved in overseas projects, that is a third of RESBUD’s employees. The revenues from overseas construction contracts accounted for nearly 30% of the company’s total sales value. At that time, the company delivered over 50 construction projects.
At the beginning of the 1990s, the company launched an in-depth restructuring process of its business operations in order to adjust the production organization and structure to new market conditions. Following the privatization process launched in 1994, RESBUD was transformed into a joint stock company, operating under the Commercial Companies Code. The majority stake was taken over by Second National Investment Fund (II NFI S.A.). The first listing of RESBUD’s shares on the regulated public OTC market at CeTO (Central Table of Offers) in 1998 marked another milestone in the company history. RESBUD S.A. was the first public company listed on that market in Poland.
After 10 years of its presence on the regulated public OTC market, on 27 September 2007 RESBUD announced its debut on the Warsaw Stock Exchange. At that time the company specialized in comprehensive housing, industrial, infrastructural and public building construction, in particular sports halls, swimming pools, shopping and logistic centers. RESBUD was a general contractor of numerous, recognized by industry experts construction projects all over the country. Long experience and many projects delivered over the years have earned RESBUD a reputation of being a reliable and trustworthy first-choice partner
In 2019, following a change of the majority shareholder, RESBUD changed its business model and strategy. The company launched the process of transforming into a modern, dynamically growing holding company, operating in various segments of the construction and civil engineering markets, and dealing also with manufacturing, logistics and delivery of materials for the construction and energy sector.
In 2021, RESBUD SE finalized the acquisition of 100% shares in Uniwersim Sp. z o.o., Conpol Sp. z o.o. and Energokomplekt OOO (87.8% directly and 12.2% indirectly), thanks to the private subscription of over 218 million new RESBUD SE shares in December 2020.
In 2022, the registered office of RESBUD and the seat of the Company’s management board were moved from Tallinn in the Republic of Estonia to the territory of the Republic of Poland. The company’s new headquarters is located in Modlniczka near Kraków.
In September 2023, RESBUD SE acquired United Grid Solutions LLC and Grid Solutions LLC, which owns a majority stake in Elektrqrqishloqqurilish JSC, one of the leading contractors of power grid facilities in Central Asia. In the settlement, RESBUD SE transferred shares in its subsidiary – Energokomplekt OOO – to the seller.