Actually J.W. Construction is the largest developer company in Poland acting in the scope of implementation of developer projects in the most promising local housing markets in Poland i.e. in Warsaw, ŁÓDŹ and TRÓJMIASTO (TRICITY). Warsaw is the largest and the basic market for the activity of the Company. Since several years the Company belongs to the group of 500 largest enterprises in Poland.

Head Office of the Management of J.W. Construction Holding S.A.:
ul. Radzymińska 326
05-091 Ząbki
POLAND
The Company is entered in the register kept by District Court for Capital Town of Warsaw in Warsaw, XIV Economic Department of National Court Register under number KRS 0000028142
Tax Identification Number (NIP): 125-00-28-307

History of the Company

J.W. Construction Holding S.A. is the legal successor of the Company Towarzystwo Budownictwa Mieszkaniowego „Batory” sp. z o.o. which has been established in 1994. The investment in Ząbki was the first housing project implemented by the Company and Hotel 500 in Zegrze was the first completed recreation object. On 4th June 2007 Construction Holding S.A. debuted on the Stock Exchange in Warsaw. Total number of apartments and single – family houses finished and included in the scope of projects actually continued by the Company achieved the level exceeding 20 thousand of apartments and 350 houses.
The Company operates under the name J.W. Construction Holding S.A since 2001.

The proposals of the Company in the scope of developer activity:

1) Multi – family buildings subdivided into the following market segments:
• Flats in popular and improved standard
• Apartments
2) Single – family houses detached and in row housing

The Company J.W. Construction Holding S.A. obtained ISO 9001:2001 Certificate in 2003 as the first housing developer in Poland.

The main objectives of J.W. Construction Holding S.A. development are focused on:

• Consolidation of its position of the largest developer in the housing sector
• Continuation of new land acquisition process in order to extend the scope of the Company activity and its further development
• Increase of independence on external subcontractors, in form of further extension of own contracting capacities.

Consolidated financial data for the Company (in thousand PLN)

Selected consolidated financial data for the Company are presented in the following Table (in thousand PLN)


2006
2005
2004

Revenue on sales

726 308
414 631
413 934

Gross profit

226 006
72 449
63 459

Net profit

132 017
11 273
4 335

EBITDA

190 839
44 587
28 081

Equity capital (net assets)

193 450
119 762
113 676

Achievements and actual proposals

Total number of single – family houses and apartments completed and of actually implemented projects encompasses over 20 000 apartments and 350 single – family houses. In 2006 the Company sold 4 035 apartments i.e. two times more than in 2005. The portfolio of actually implemented projects amounts 7000 apartments with total floorage of about 380 000 m2, which will be handed over to the Clients in years 2007-2009. The construction of the next about 6.500 apartments is planned on the lands being in the possession of the Company.

Projects completed:
2007 "Górczewska Housing Estate”, Warsaw, Górczewska Street
2007„Marymoncka”, Warsaw, Marymoncka Street
2006 „Villa Józefina", Józefosław, Ogrodowa Sreet
2006 „Victoria Housing Estate”, Radzymin, Słowackiego Street
2005 „Parkowa Housing Estate”, Gdynia, Parkowa Street
2005 „Oak Park II”, Warsaw, Ćmielowska Street
2005 „Targówek Plaza”, Warsaw, Borzymowska Street
2005 „Ostrobramska”, Warsaw, Ostrobramska Street
2005/2006 „Bem’s Gardens”, Warsaw, Obrońców Tobruku Street
2005 „Łucka City”, Warsaw, Łucka Street
2005 „Mokotów Plaza I”, Warsaw, Pejzażowa Street
2004 „Oak Park I”, Warsaw, Majolikowa Street
2004 „Rembertowskie Orchards I”, Rembertów, Paderewskiego Street
2003 „TBS - Warsaw Venice”, Warsaw, Kowalczyka Street
2003 „Elektoralna”, Warsaw, Elektoralna Street
2002-2005 „Dąbrówka Wiślana”, Warsaw, Aluzyjna/Trąby Street
2002 „Lisi Jar Housing Estate”, Marki, Piłsudskiego Street
2002 „Jerozolimskie Housing Estate”, Warsaw, Bodycha Street
2002 „Pyry Building”, Warsaw, Ludwinowska Street
2001 „TBS Marki V Housing Estate”, Marki, 11 listopada Street
2001 „Grochowska Housing Estate”, Warsaw, Grochowska Street
2001 Sochaczew, Piłsudskiego Street
2000 „Green Choszczówka”, Warsaw, Mehoffera Street
2000 „Flower Housing Estate”, Nowa Iwiczna, Wiosenna Street
2000 „Kolonia D Housing Estate”, Ząbki, Powstańców Street
1999-2001 „Buczynek Housing Estate”, Warsaw, Odkryta  Street
1999 „Nowodwory Housing Estate”, Warsaw, Nowodworska Street
1999 „Wojskowa Housing Estate”, Warsaw, Wojskowa Street
1999 „Lisi Jar Housing Estate”, Marki, Piłsudskiego Street
1999 "Mickiewicza Housing Estate", Marki, Mickiewicza Street
1998 „Kolonia F Housing Estate”, Ząbki, Powstańców Street
1998 „Dąbrówka Szlachecka Housing Estate”, Warsaw, Przylesie Street
1998 „Kosynierów Housing Estate”, Marki, Kosynierów Street
1997 „Szwoleżerów Housing Estate”, Ząbki, Szwoleżerów Street
1997 „Drewnicka Housing Estate”, Ząbki, Drewnicka Street
1997 „Batorego Housing Estate”, Ząbki, Batorego Street

Projects in progress:
„Rembertowskie Orchards II”, Rembertów, in the area limited by Kramarska, Czwartaków, Paderewskiego Streets
„Górczewska Park Housing Estate”, Warsaw, between Górczewska and Olbrachta Streets
„Green Valley”, Warsaw, at the connection area of Zdziarska and Ostródzka Streets
„Centrum Housing Estate”, Łódź, Tymienieckiego Street
„Residence on the Slope”, Warsaw, Bukowińska Street
„Willa Konstancin”, Konstancin, Bielawska Street
„Amber Housing Estate”, Warsaw, Korkowa Street
„Lazurowa Housing Estate”, Warsaw, Lazurowa Street
„Forest Housing Estate”, Gdynia, Parkowa Street
„Ludwinowska Avenue”, Warsaw, Ludwinowska Street
„Lewandów Park I i II”, Warsaw, Lewandów Street
„Residence Quatro”, Warsaw, Łukowska Street
„Wiślana Settlement I”, Warsaw, Marcina z Wrocimowic Street
„Wiślana Settlement II i III”, Warsaw, Marcina z Wrocimowic Street
”Victoria Park”, Kołomna sphere Moskow
”Górczewska Housing Estate”, Warsaw, Górczewska Street

Quality

In order to meet top requirements and to successfully compete on the market, the Company initiate the actions resulting in the obtainment of ISO 9001:2001 Certificate in October 2003. This fact is reflected in practice in form of further improvement of customers service and quality of offered dwellings.

Partners and subcontractors

The group performs its mission in cooperation with proved partners and subcontractors including the designers, suppliers of raw materials and building materials, formworks, equipment, machinery and specialized plants. The experience gained in course of many years’ cooperation makes it possible to improve efficiency of the whole investment process and to minimize the prime costs. Therefore it is possible to maintain competitive prices of proposed apartments.

Staff

About 1100 persons using the modern, efficient and safe machinery and specialized equipment are employed at the construction sites by the Company J.W. Construction. Owing to their knowledge, skills and reliability, the Group is able to perform its obligation properly and timely.

Postsales Service

In order to ensure efficient functioning of the housing estates, the Company is also engaged in their administration and gained significant experience in that scope. Owing to professional personnel employed in the Company, it is possible to select the capacities and means required for efficient functioning of the residential and commercial complexes in a manner optimal for the objects. The wide knowledge of the contractors and subcontractors market in the scope of installation works ensures the professional administration of the objects in manner which is non-arduous for the inhabitants. The Company cooperates with the Housing Associations transferring them its own knowledge and experience.

 
 
 
 
Call Centre: 022 777 90 00, • Head Office of the Company: J.W. Construction Holding S.A., ul. Radzymińska 326, 05-091 Ząbki, J.W. Construction Holding telephone exchange – 022 771 77 77 • Credit consultant: 022 771 76 33
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