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The Erbud Group will erect an office building in Düsseldorf

GWI Bauunternehmung GmbH, a subsidiary of ERBUD S.A., signed a contract of significant value with KQ Development S.C.S. for shell and core and roof framework of the office tower named Kö-Quartier Development in Düsseldorf.

The contract amounts to EUR 9.6 million what after conversion at the NBP exchange rate as of the date of its conclusion gives PLN 41 million. The deadline is set for 15 October 2018.

As of today, the order book of GWI GmbH equals to PLN 202.3 million. It is worth adding that on the end of June 2017, the amount of all orders of the ERBUD Group was PLN 2.2 billion, and thus the highest-ever level has been achieved.

GWI Bauunternehmung GmbH, with its registered office in Düsseldorf, is 85 pct owned by ERBUD S.A. and carries out building construction projects in Germany.

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