Briefs

Polnord Group records PLN 0.2 mln profit The Polish construction Group Polnord has announced a PLN 0.2 mln profit for the 3rd quarter of 2002. Polnord, which specialises in construction among other activities, was general constructor for the Auchan hypermarkets in Gdańsk (24,000 sqm) and Warszawa-Białołęka (28,500 sqm) and developer for its flagship project, the residential building Królewski Trakt Apartamenty in Warsaw. Hochtief Polska estimates its performance for 2002 Hochtief Polska President Uwe Krueger, has estimated that his company's turnover for 2002 will come to PLN 750 mln. He has also expressed confidence that Hochtief will make a profit this year and would not deny that his company has plans to acquire other construction firms over the next twelve months. Lower profit for Bilfinger and Berger German construction group Bilfinger and Berger's profit for the first nine months of 2002 has experience