photo: RAILTARGET/BUDIMEX
Not long ago, Budimex, Poland's largest construction company, made headlines in the Czech Republic by submitting the lowest bids for the construction of additional sections of the D35 and D11 highways. Now setting its sights on the Czech railway construction sector, Budimex is navigating a market characterized by a low willingness of monopoly suppliers.
The decision to target the Czech market stems from a natural expansion strategy focusing on surrounding markets like the Czech Republic, Slovakia, and Germany. With a reputation in Poland for completing railway contracts on time and at competitive prices, Budimex brings substantial expertise to its new ventures, including complex projects like the Warszawa Zachodnia railway station.
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The Polish construction giant, Budimex, is making strategic moves to cement its presence in the Czech Republic's booming construction sector, focusing…
However, entering the Czech railway sector presents unique challenges, particularly in forming local partnerships due to the near-monopoly status of some Czech suppliers. While Budimex is open to working with local suppliers and fostering international teams, Budimex notes general reluctance among Czech companies to collaborate. This hesitance could impact Budimex’s participation in significant projects like the modernization of Prague's major railway stations and the Prague-Brno line via Vysočina. With a growing team in Prague, Budimex is actively seeking additional staff to bolster its operations once it secures its first Czech contract.
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In an engaging interview with RAILTARGET at the Polish Logistics Day conference, Maciej Olek, COO of Railway Energy and Industrial Construction at BUDIMEX,…
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