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
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
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
consolidated report for 1Q 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
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
Meeting with the stock exchange analysts after publishing the 2010 financial results of Stalexport Autostrady S.A. On 10 March 2010 the Management Board of Stalexport Autostrady S.A. held the meeting with the stock exchange analysts and journalists. During the presentation Emil Wąsacz, the President of the Management Board of the Company, emphasized very good financial results obtained by the Group. As an example, he mentioned
convened on 04.04.2011
Katowice, 7 March 2011 The results of Stalexport Autostrady Group are markedly better than the year before The activities of Capital Group of Stalexport Autostrady S.A. in 2010 resulted in a consolidated net profit of PLN 14,482 thousand, which was nearly twice that achieved a year earlier. The increased traffic and a rise in tolls for the A4 motorway section resulted both in the aforementioned increase and in higher
It comprises: 1. Report and opinion of the auditor 2. Consolidated financial statements for 2010 3. Management Board's report on the activity of the Capital Group for 2010