INVESTGAS SA
INVESTGAS specialises in hydrocarbon storage and transport projects. It also executes specialist and general construction projects. The company provides services covering the entire investment process, from preparation, to design, construction, technological start-up and operation of storage facilities in salt caverns and other types of facilities.
In 2009, the company's sales revenue totalled PLN 112.4m. Revenue from services provided to PGNiG represented 97% of total sales revenue. The services performed for PGNiG included:
- operation and extension of the Mogilno underground gas storage cavern;
- construction of the Kosakowo underground gas storage facility;
- extension of the Strachocina underground gas storage facility;
- preparation for the construction and supervision over the construction of the KGZ Kościan-KGHM Polkowice/Żukowice gas pipeline.
In addition, the company also performed other tasks, including preparatory work and supervision over the construction of the Ostrów Wielkopolski-Wrocław fuel pipeline for PKN Orlen.
In 2010, the company will continue work related to the operation, construction and extension of the underground gas storage facilities, work related to the construction of the gas pipeline to KGHM Polkowice/Żukowice, and preparatory work preceding construction of the next section of the Ostrów Wielkopolski-Wrocław fuel pipeline for PKN Orlen and supervision over the construction process. The company also plans to acquire new orders for construction and extension of underground gas storage facilities as well as the construction of gas and fuel pipelines, including the infrastructure.
| 2009 | 2008 |
2007 | 2006 | ||
| Sales revenue | PLN m | 112.4 | 65.5 |
33.9 |
22.5 |
| Net (loss) profit | PLN m | 6.4 | 4.0 | 2.6 |
0.6 |
| Equity | PLN m | 19.5 | 13.1 | 10.5 |
3.7 |
| Total assets | PLN m | 81.8 | 30.6 | 24.9 | 15.6 |
| Headcouns | persons | 106 | 91 | 86 | 75 |
| as at the end of each year | |||||