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Current share price Stalexport Autostrady SA

3.20 zł 0.63% 0.02zł 2019-11-20

History

Home page/Company/History
  • 1 January 1963- start of activity as Przedsiębiorstwo Handlu Zagranicznego „Stalexport”, specialized in exporting and importing steel products as well as importing raw materials for the Polish steel industry
  • 5 November 1993 - transformation into a Company wholly owned by the State Treasury and privatized
  • 26 October 1994 - first stock exchange quotation
  • 1997 - obtaining of concession to construct, adapt and operate A4 toll motorway section Katowice-Kraków (61 km) for the period of 30 years
  • 1998 - stock issue for the European Bank for Reconstruction and Development
  • 2004 - concession transfer to Stalexport Autostrada Małopolska S.A.
  • 2006 - Company became a part of an Italian Atlantia Group. The group manages a network of 5,138 km of toll motorways in Italy, Brazil, Chile, India and in Poland, and it is a leader with respect to automatic motorway toll collections systems. The strategic investor allowed Stalexport Autostrady to acquire in total PLN 269,700 thousand in cash as a result of the share capital increase. At the first stage, the funds were earmarked to the completion of financial restructuring, while the remaining funds are allocated for covering the Company’s own contribution into the planned motorway projects. One of the elements of the restructuring process included the separation and disposal of the steel part.
  • since 1 October 2007 Company has focused only on activities related to the construction and operations of toll motorways as well as to the lease of office space in the office building at in Katowice.
  • 2011 - reduction of share capital of Stalexport Autostrady to the amount of PLN 185,446,517.25 to cover the uncovered losses from previous years. In this way the period history of the Company related to its trading activity was definitely closed.
  • 13 May 2013 - the seat of registered office of Stalexport Autostrady S.A. was moved to Myslowice.
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