achieved under extremely difficult, business-intensive conditions.
EFFICIENCY
Business model
Production of timber frame modules for the construction and assembly of multi-family and public buildings in the Norwegian, Swedish, German and Polish markets. The projects are carried out by Unihouse SA, a pioneer in the production of modern sustainable timber frame modular buildings in the Polish market.
Property development conducted through Unidevelopment SA. Currently, projects are being carried out in Warsaw, Poznań and Radom, and soon also in the Tri-City.
Unibep SA has decided to expand into a new business segment – energy and industrial development. This is in response to the need to transform the Polish economy towards a zero-emission and low-carbon economy, focusing on green economy assumptions that include the construction of incineration plants, co-generation, distributed heating systems, commissioning and system cleaning.
General contracting is conducted by the parent company Unibep SA. The main pillar is residential construction. The company also implements projects associated with commercial construction (hotels, office, retail and service buildings). The segment’s operations are conducted in Poland (GC Poland), with construction projects also carried out in Belarus and Ukraine (GC Export).
Road and bridge construction in north-eastern Poland, carried out by the Infrastructure Branch of Unibep SA and Budrex Sp. z o.o. (a highly specialised company building bridges, viaducts and road culverts almost everywhere in Poland).
Production of timber frame modules for the construction and assembly of multi-family and public buildings in the Norwegian, Swedish, German and Polish markets. The projects are carried out by Unihouse SA, a pioneer in the production of modern sustainable timber frame modular buildings in the Polish market.
Property development conducted through Unidevelopment SA. Currently, projects are being carried out in Warsaw, Poznań and Radom, and soon also in the Tri-City.
Unibep SA has decided to expand into a new business segment – energy and industrial development. This is in response to the need to transform the Polish economy towards a zero-emission and low-carbon economy, focusing on green economy assumptions that include the construction of incineration plants, co-generation, distributed heating systems, commissioning and system cleaning.
General contracting is conducted by the parent company Unibep SA. The main pillar is residential construction. The company also implements projects associated with commercial construction (hotels, office, retail and service buildings). The segment’s operations are conducted in Poland (GC Poland), with construction projects also carried out in Belarus and Ukraine (GC Export).
Road and bridge construction in north-eastern Poland, carried out by the Infrastructure Branch of Unibep SA and Budrex Sp. z o.o. (a highly specialised company building bridges, viaducts and road culverts almost everywhere in Poland).
PLN 47 million net profit, with sales of PLN 1.7 billion.
These are historic results for the group, achieved in an extremely challenging business environment. Despite dynamic market changes, our diversified group of companies made decisions that affected both our current operations and our business in the years to come.
The Unibep SA Group ranks 5th among the largest construction companies in Poland in terms of revenue.
Our goal is to build strong local markets based on good local staff, who will be supported by the structures and work culture of the Unibep Group.
The energy and industrial sector is a large and promising market.
Our goal in this segment is to become a trusted leading contractor of ambitious turnkey projects, including the supply and installation of all the required technology. We also want to participate in the start-up and commissioning process of the project and provide the necessary maintenance and repairs.
Our focus is working towards a sustainable future for the construction sector, and the continuous improvement of investment project quality.
We recognise the importance of the advantages of our technologies in meeting the needs of evolving climate policies. With multiple valuable references from the Scandinavian markets, we are optimistic about the growth of Unihouse in other European markets.
2021 key figures
-
47 PLN
millionnet profit (up 27% y/y)
-
1.7 PLN
billionsales value (up 2% y/y)
-
271 PLN
millioncash (up 3% y/y)
-
83 PLN
millionEBITDA
-
361 PLN
millionGroup capitalisation as at 31/12/2021
2021 was a special year for the construction and development industry: construction output growth reached 7.9%. The value of construction output at the end of the year was PLN 117 billion. Growth was recorded in most areas of construction: hotels: +9.7%, office buildings: +11.6%, industrial buildings: +16.6%, although there was a reduction in commercial and retail construction. Within commercial, residential and industrial construction, the output grew by 7.2% in the residential sector and by 3.7% in non-residential construction.
Sławomir Kiszycki
Vice President of the Management Board of Unibep SA,
Chief Financial Officer
-
3.5 PLN
billionThe value of orders to be executed in the construction-infrastructure part
-
921 locations
development sales of residential units
-
1,601 persons
employment as of 31.12.2021
-
1.85 PLN
billionvalue of general contracting orders
-
42 PLN
millionUnidevelopment S.A.'s record result.
The Unibep Group has built up a solid order book in 2021 in all business segments: the construction and infrastructure component includes orders with a value of PLN 3.5 billion. Property development carried out by the Unidevelopment Group accounts for the majority of Unibep Group’s profits. It sold a total of 921 apartments in 2021. The company has acquired land in the Tri-City (among other areas) – this will be its next market, after Warsaw, Poznań and Radom.
Sławomir Kiszycki
Vice President of the Management Board of Unibep SA,
Chief Financial Officer
Expansion options
We continue to perceive Ukraine as a promising market
Before the outbreak of war in Ukraine, this market seemed to be the most promising for Unibep in terms of eastern markets. Thanks to the investments that we made in Kyiv and Kharkiv, our position in the country was strengthening. Until Russia’s aggression against Ukraine, we were in advanced talks to acquire more projects. Unfortunately, on 24 February we all found ourselves in a new, unfamiliar political and economic situation. Today, we assume various scenarios for the resolution of the conflict in Ukraine. None of these are certain, but at Unibep we firmly believe that the war will end as soon as possible and that, once it has stopped, funds will flow to Ukraine to rebuild the bombed cities. With our experience gained in the eastern market and, of course, with the support of our Ukrainian partners, we hope to be able to participate in the reconstruction of their country.
Tomasz Poskrobko
Director of Construction
Services
NORWAY
Poland’s largest manufacturing and construction company, developing high-quality, multi-family projects in Norway.
SWEDEN
Sveriges Allmännytta Kombohus programme – an organisation of Swedish municipal companies executing a multi-family housing project over several years.
GERMANY
Modular construction – cooperation with German partners to create a uniform standard for energy-efficient and low-emission buildings.
UKRAINE
Market knowledge, competence and experience; readiness and resources to rebuild the country.
NORWAY
Poland’s largest manufacturing and construction company, developing high-quality, multi-family projects in Norway.
SWEDEN
Sveriges Allmännytta Kombohus programme – an organisation of Swedish municipal companies executing a multi-family housing project over several years.
GERMANY
Modular construction – cooperation with German partners to create a uniform standard for energy-efficient and low-emission buildings.
UKRAINE
Market knowledge, competence and experience; readiness and resources to rebuild the country.
ESG direction
-
246,000 GJ
total energy consumption within the organisation
-
68,000 t
total weight of waste generated at Unibep S.A.
We believe that our construction projects and the technologies we offer are the future of the industry. We want to build green, passive and zero-energy buildings that meet demanding standards in terms of energy consumption and offer them to our customers. We have also created an energy and industrial construction segment within Unibep SA to offer our customers energy modernisation services on an industrial scale, using the practical experience of all businesses operating as part of the group.
By identifying and monitoring our activities, we can learn about their actual impact on the environment in terms of greenhouse gas emissions into the atmosphere, energy intensity of the production process, water consumption or waste production. We have developed our own methodology for identifying and assessing all environmental impacts that may arise during the various stages of the project, including construction, pre-commissioning and commissioning.
-
8 %
employment growth at Unibep S.A. in 2021
Employees are a key resource for us, enabling us to shape and develop our organisation. We are committed to creating a friendly workplace in collaboration with our teams of dedicated employees.
Creating safe working conditions is our priority, as our activities require us to be particularly attentive to safety rules. The group has an employee health and safety management system which is based on the ISO 45001 standard – Occupational health and safety management systems.
-
24.10
The Code of Conduct in force in all Unibep Group companies sets business standards and best practices for relations with business partners and internal relations. We base our activities on three values: knowledge, passion and trust. These values form the basis for transparent and fair business conducted in accordance with applicable laws and internal regulations.
Risk management at Unibep Group is implemented in the context of the strategic and operational objectives of the entire organisation, its individual companies, branches or organisational processes. The risk management process should be linked at each stage to the strategy, organisational culture and structure, internal processes, applicable policies, standards and procedures, as well as expectations and objectives.