Press Releases
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08.03
The increase in Average Daily Traffic (ADT) on A4 motorway Katowice-Kraków in 2011 08 March 2012
In 2011 Average Daily Traffic (ADT) on the concession section of A4 motorway Katowice-Krakow was by 2% higher than that recorded a year earlier. It should be noted that while in 1H2011 ADT increased by 8%, in the second half of the year the total traffic decreased by 3%. A distinct reversal resulted from the changes in legislation, which resulted in introducing an electronic toll collection system replacing toll cards (vignettes), so far
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03.08
Commentary on the half-year results of Stalexport Autostrady Group for 1H2011 03 August 2011
In 1st semester 2011 Stalexport Autostrady Grouprevenues from tolls amounted to PLN 78,404k, while in the same period last year they amounted to PLN 70,205k. It resulted first of all from an increase in Average Daily Traffic by 8.2%, and also from an increase in compensation fee for vehicles using vignette as from 1 July 2010, as well as from higher sale of coupons for toll motorway A4 Katowice-Kraków. In the reporting period net profit
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03.08
Traffic level in 2Q 2011: a consistent ADT increase on A4 Motorway Katowice-Kraków 03 August 2011
The Average Daily Traffic (ADT) dynamics has been still maintaining on the A4 Katowice – Kraków motorway concession section: in 2Q 2011 it amounted to PLN 32,071 and it was by 8.6% higher than in the corresponding period last year (29.520 in 2Q2010). Just as it was in the 1Q2011, this increase resulted partly from continuing heavy vehicles traffic dynamics covering the vehicles of over 3.5 tonnes. In this category in 2Q2011 there was an
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09.06
Conclusion of Consent and Waiver Letter with the banks financing Project A4 09 June 2011
On 8 June 2011 the Group signed with the consortium of banks financing project A4 the Consent and Waiver Letter relating to the planned increase of shares capital of Stalexport Autostrada Małopolska S.A. (hereinafter SAM). One of the provisions of the granted loan is share pledge established on the shares of SPV. This is a standard proceeding used in such types of the agreements – says Mariusz Serwa, Vice President and CFO of
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19.05
Stalexport Autostrady Group at the European Economic Congress in Katowice (May 16-18, 2011) 19 May 2011
Well-understood public-private partnership is an efficient formula of financing expensive and difficult investments, which undoubtedly include motorways. “Privatisation” of communication infrastructure, which took place e.g. in Italy, shows how to successfully manage infrastructure development, ensuring high quality of its maintenance and increasing – in the short term – budget’s income – this is what
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12.05
Commentary on the results of Stalexport Autostrady Group for 1Q2011 12 May 2011
Commentary on the results of Stalexport Autostrady Group for 1Q2011 In 1Q2011 sale revenues amounted to PLN 39,046k and were by more than 11 % higher compared to the corresponding period last year. It results first of all from an increase in Average Daily Traffic (ADT) by 7.7% and also from an increase in rate of vehicles vignette as from 1 July 2010 as well as from higher sales of discount tickets for toll motorway A4
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12.05
Traffic level in 1Q 2011: a consistent ADT increase on A4 Motorway Katowice-Kraków 12 May 2011
Traffic level in 1Q 2011: a consistent ADT increase on A4 Motorway Katowice-Kraków The Average Daily Traffic (ADT) level is still increasing on the managed A4 Katowice – Kraków Motorway section. It was confirmed by monitoring taken in 1Q2011, where the ADT amounted to 28.161 and was by 7,7% higher than in analogical period of the previous year. The increase is mainly connected with high heavy vehicles traffic dynamics. In this
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09.05
Consolidated report for 1Q 2011 09 May 2011
consolidated report for 1Q 2011
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05.04
General Meeting unanimously decided to decrease nominal value of share capital of the Company 05 April 2011
General Meeting unanimously decided to decrease nominal value of share capital of the Company During yesterday`s General Meeting the shareholders passed unanimously the resolution on decrease of nominal value of share capital of the Company. As a result of it, GM decided unanimously also to cover fully the losses from the previous years by the value created by the decrease of the nominal value of a share from PLN 2.0 to PLN 0.75 and by
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24.03
Financial Institutions Meeting in London 23-24.03.2011 24 March 2011
Financial Institutions Meeting: Stalexport Autostrady Group attending Nomura Leisure and Transport Conference in London The Nomura Leisure and Transport Conference is taking place in London in days 23 - 25 March 2011. This event brings together a considerable number of companies representing transport and leisure industry sector to present and comment their current economic situation and development perspectives. Atlantia Group, Brisa