On 15 December 2016, the ZUE S.A. learnt about the submission by the consortium of ZUE S.A. (Leader), Budimex S.A., Strabag Sp. z o.o., Strabag Rail GmbH, Strabag Rail a.s., Strabag Általános Építő Kft. (Consortium) of the lowest price tender in the tender procedure for Completion of construction works in the area of the Kutno Local Traffic Control Centre (LCS) – the Żychlin-Barłogi section in connection with the following project: “Works on the railway line E20 of the Warszawa-Poznań section – other works, the Sochaczew-Swarzędz section” executed as part of the Connecting Europe Facility (CEF) EU financial instrument.

Contracting Authority: PKP Polskie Linie Kolejowe S.A.

Net value of the tender submitted by the Consortium: PLN 560.0m. The expected remuneration attributable to the Company is approx. 34% of the net value.

Gross value of the tender submitted by the Consortium: PLN 688.8m.

According to the tender, the project will be completed within 42 months of the contract conclusion date.