Erbud in 2 new contracts: 35 million and 239 million pln for housing and distribution

The Management Board of Erbud has announced that it has signed a contract with Budlex Nieruchomości for the construction of a multi-family building in Bydgoszcz. At the end of April, Erbud signed a contract with Lidl for the construction of the Lidl Oleśnica Distribution Center. The value of that contract was PLN 239 million.

According to the company’s announcement, the subject of the contract is the construction of a multi-family residential building with services on the ground floor and first floor, an underground garage and a garage on the ground floor along with the necessary technical infrastructure and land development at ul. Naruszewicz in Bydgoszcz.

This is another contract acquired by the company in recent days. At the end of April, Erbud signed a contract with Lidl for the construction of the Lidl Oleśnica Distribution Center. The value of that contract was PLN 239 million net.

At the end of last year, the group’s order backlog amounted to approx. PLN 2.55 billion, i.e. by 7%. more than a year earlier.

In 2020, the net profit of the Erbud group attributable to shareholders of the parent companies amounted to PLN 46.7 million of net profit, i.e. 38.7 percent more than in 2019.

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