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ERBUD carries out a housing project in Warsaw for the PLN 63.6 million

Erbud S.A. entered into a contract to build a multi-family housing complex located in Warsaw near to Olbrachta Street. The project with a value of PLN 63.6m will be completed by June 2017. Dom Development S.A. seated in Warsaw is the Investor and the Customer.

The residential complex near to Olbrachta Street in Warsaw will be constructed by ERBUD for Dom Development under the above said contract. The aggregate value of contracts signed with the Investor in the past 12 months is PLN 110.88m net. Previously ERBUD carried out, among others, such residential complexes in Warsaw as Adria, Wilno and Fort Bema. It is scheduled that this year will be completed the residential complex Villa Lindego in Warsaw.