Approval of the arrangement of “Energomontaż-Północ Gdynia”

We would like to inform you that on 26th October 2023 District Court Gdańsk-Północ in Gdańsk, 6th Economic Department issued a decision by which it approved the arrangement in the proceedings for the approval of the arrangement of “Energomontaż-Północ Gdynia” S.A. in restructuring with its registered office in Gdynia.

The decision became final on 10th November 2023. Pursuant to Article 171 section 1 in connection with section 2 of the Polish Act of 15 May 2015 – Restructuring Law Zimmerman Filipiak Restrukturyzacja S.A. with its registered office in Warsaw, assumed the function of the supervisor of performance of the arrangement as of the date on which the decision approving the Debtor’s arrangement became final.

As of the date on which the decision approving the arrangement becomes final, the „Energomontaż-Północ Gdynia S.A.” regains management of the assets. This means that „Energomontaż-Gdynia S.A.” independently conducts its business activities without the supervision of the restructuring court and other non-judicial bodies.

All liabilities of “Energomontaż-Północ Gdynia” S.A. liabilities arising prior to the composition date, i.e. prior to 23rd February 2023, are covered by the agreement. Liabilities covered by the composition agreement will be performed on the terms and dates specified in the decision on approval of the composition agreement.

The person authorized to contact the Supervisor for the execution of the arrangement is attorney-at-law Rafał Kowalczyk (phpne: 537 408 403; e-mail: energomontaz@zfrsa.pl). The office of the Supervisor of the implementation of the arrangement is open from Monday to Friday from 9 a.m. to 5 p.m. (Poznań, Grunwaldzka Street 38; tel.: 61 222 43 81).

 

The share capital of “Energomontaż-Północ Gdynia” S.A. as a result of the conversion of debts included in Group II (in accordance with the court’s decision to approve the arrangement) was increased by PLN 51,485,436 (fifty-one million four hundred and eighty-five thousand four hundred and thirty-six), and currently amounts to PLN 180,423,478 (one hundred and eighty million four hundred and twenty-three thousand four hundred and seventy-eight), through the issue of 51,485,436 (fifty-one million four hundred and eighty-five thousand four hundred and thirty-six), new series F ordinary registered shares.

At the same time, we would like to inform you that in connection with the approval of the arrangement, the Court also issued a decision to discontinue the proceedings relating to the bankruptcy of Energomontaż-Północ Gdynia S.A.

EPG at WNE, Paris

Energomontaż-Północ Gdynia S.A. is taking part in the World Nuclear Exhibition in Paris. WNE, the leading international event for all players in the civil nuclear industry. Poland will be also there: roughly 70 Polish companies/organisations; 27 as direct co-exhibitor (Ist ligue from Poland). Most of them – already with nuclear experience.

 

Visit us on Polish pavilion – J135!

Cooperation agreement with Westinghouse Electric Company

Energomontaż-Północ Gdynia S.A. has signed a cooperation agreement for the potential construction of six AP1000 reactors as part of the implementation of the Polish Nuclear Power Programme and future projects using this technology in Central and Eastern Europe.

“Westinghouse is ready to support Poland in achieving its energy policy goals. We will act on the basis of our experience in implementing investments in nuclear technology around the world. These tasks will be further supported by a team of nearly 200 employees working at the Westinghouse Global Shared Service Centre in Krakow, which is involved in the global activities of our company,” – Mirosław Kowalik, President of Westinghouse Polska, said.

Westinghouse Electric Company is a supplier of products and technologies for nuclear power plants. As reported, the company is one of three contenders for the first tender for construction of a nuclear power plant in Poland.

EPG signed a new contract with DEME

On 19th of May, 2021 Energomontaż-Północ Gdynia signed the contract with DEME Offshore for fabrication and delivery of 27 sets of equipped Secondary Steel structures for Offshore Wind Turbine Generator foundations and Offshore Substation Transition Piece for Arcadis Ost 1 project.

 

Arcadis Ost 1 is a 257 MW Offshore Wind Farm being built in the Baltic Sea off the coast of Germany. It will be located in a 12 nautical mile zone, 20 km northeast of the island of Rügen.

The awarded contract is consistent with Grupa Przemysłowa Baltic`s long-term business strategy and establishes EPG’s position as a competent partner in the offshore wind energy market. Secondary steel structures are, together with Substation, one of the two key products in the portfolio of Grupa Przemysłowa Baltic.

Mathieu Holvoet, Project Director DEME Offshore  said : „ The award of this important contract to EPG is an important milestone towards the delivery and subsequent installation of 28 Foundations for Parkwind’s Arcadis Ost 1 windfarm. With confidence we look forward to continue our collaboration with EPG and start the fabrication process soonest”

 

About DEME

DEME is a world leader in the highly specialised fields of dredging, solutions for the offshore energy industry, infra marine and environmental works. The company can build on more than 140 years of know-how and experience and has fostered a pioneering approach throughout its history, enabling it to be a front runner in innovation and new technologies.

DEME’s vision is to work towards a sustainable future by offering solutions for global challenges: a rising sea level, a growing population, reduction of CO2 emissions, polluted rivers and soils and the scarcity of natural resources.

While the company’s roots are in Belgium, DEME has built a strong presence in all of the world’s seas and continents, operating in more than 90 countries worldwide. DEME can rely on an international group of 5,200 highly skilled professionals across the globe. With a versatile and modern fleet of over 100 vessels, backed by a broad range of auxiliary equipment, the company can provide solutions for even the most complex projects.

Major tender for Polish Offshore Wind projects

Energomontaż-Północ Gdynia is the first Polish company to enter the first major tender for Polish Offshore Wind projects !

Following our previous announcement in respect to EPCI tender for Electrical Offshore Substation we would like to inform that EPG’s offer for design, construction and installation of Offshore Substation in Polish Exclusive Economic Zone (EEZ) of the Baltic Sea, prepared in collaboration with a strategic partner British technical service provider Offshore Design Engineering Limited (ODE) has been qualified for the next stage (short list) in the tender process. We are confident that the experience gained by EPG as one of the leading suppliers of multidisciplinary projects for Offshore Industry combined with expertise from some of the key players in the market will enable us to successfully compete in this tender and beyond.

This is the first EPG EPCI tender and first ever tender for the main contractor for Polish Offshore Wind Farms.

EPG is a part of Grupa Przemysłowa Baltic.

EPG in EPCI tender

We are pleased to announce that Energomontaż-Północ Gdynia S.A. as the only Polish company is currently engaged in the EPCI tender for Offshore Substation in the southern waters of the Baltic Sea. Concept design and tender package has been developed in cooperation with group of established companies from Poland and Western Europe and includes the design, construction and installation of the offshore substation. 

EPG sets off to provide the clear example, that Polish entities are ready for challenges related to Offshore Wind Energy. In the following months, we will focus on strengthening our fruitful cooperation with partners who participate with us in the preparation for the above project. At the same time, we will be constantly looking for new, reliable partners for new projects that are just appearing on the horizon.

We also hope that this is the first step towards a whole range of new projects and opportunities that are currently opening up for Polish companies.

Energomontaż-Północ Gdynia SA has completed the execution of modules for the FPSO Johan Castberg project

Last Saturday, the module of the Johan Castberg project was loaded at the Port of Gdynia.

The modules manufactured by Energomontaż-Północ Gdynia SA, with a weight of 319 and 279 tons, have been equipped with all the necessary devices and equipment, including electrics, pipelines, insulation and hydraulics. Once again, loading was carried out with a detailed plan and in accordance with the highest HSE standards. The completed elements transported by sea are ready for the final assembly on the FPSO unit, which will take place in Stord, Norway.

EPG worked for Johan Castberg project for almost two years, and the shipment is the culmination of great cooperation with our customers – Kvaerner and many Polish subcontractors.

https://www.gospodarkamorska.pl/energomontaz-polnoc-gdynia-sa-zakonczyl-realizacje-modulow-dla-projektu-fpso-johan-castberg-53416

Energomontaż-Północ Gdynia S.A. joins Bladt on Kaskasi Offshore Substation Project

Energomontaż-Północ Gdynia S.A. has been selected by Bladt Industries as a subcontractor for prefabrication of Kaskasi Topside and sea fastening. EPG has started production of  steel structure for the Bladt Industries in July 2020, in Gdynia.  

The Kaskasi offshore wind farm is a 342MW wind project located in the German North Sea. The project is owned and being developed by RWE.

Energomontaż-Północ Gdynia S.A. has been heavily involved in providing steel construction for offshore sector for years.  This contract, a result of our gained experience in complex projects in the field of steel structures is also a good EPG`s continued expansion in the offshore wind renewable energy sector.

Signing a contract with ASK JV AS

On 4th of October 2018 in Energomontaż-Północ Gdynia S.A. headquarters in Gdynia Company has signed contract with ASK JV AS Joint Venture (consisting of KVAERNER and AKER Solutions) for fabrication of Riser Platform module elements for Johan Svedrup Project.

It is a continuation of many-year fruitful cooperation between our Companies and subsequent scope of work to be performed by EPG within abovementioned project.

We would like to show our gratitude for each and every person involved in Contract signing and wish good luck to Project Team and entire staff in performance of the work.

Multiproject frame Agreement with Aker Solutions AS

End of June 2018 Energomontaz-Polnoc Gdynia (EPG) has signed Multiproject frame Agreement with Aker Solutions AS.

Currently under this agreement EPG is performing three purchase orders for suction anchors and other subsea elements with total weight over 1000 tons.