Briefs
Skanska Group reports on first quarter
The Skanska Group has issued its results for the first quarter of this year, which show increases in each area of activity, compared to the same period in 2002. Order bookings are reported to have risen by ten per cent and operating income to EUR 79.1 mln, from EUR 25.7 mln in the first quarter of last year. Capital gains on the sale of properties amounted to EUR 53.6 mln between January and March 2003.
Finance for terminal
Two banks: Austria Creditanstalt and BPH PBK have granted a USD 245 mln loan to
Przedśiębiorstwo Panstwowe Porty Lotnicze (PPL) for the development of
Terminal 2 at Warsaw Okecie airport. The total cost of the project is USD 300
mln.
Despite this finance, whether the work on the extension of Okęcie airport will
go ahead or not is still uncertain. Neither local residents nor Warsaw city
authorities are keen on the investment.
Hypovereinsbank issues mortgage bonds
Hypovereinsbank has issued two sets of mortgage bonds whose total value is PLN
40 mln and are part of an overall programme worth PLN 300 mln.
The nominal value of one mortgage bond is PLN 100,000 and re-purchasing them
will take place on 30th April and 19th May 2008. The issue's organizer is BPH
PBK bank.
Spanish Comsa plans to invest in Central European company
The Spanish constructor Contrucciones Miarnau (Comsa) is looking to take over a
company in the Central European region.
Comsa is the fourth largest construction company in Spain and is intent on
diversifying its infrastructure and real estate activities.
