Briefs
Still with Mostostal Zabrze
Despite difficulties, Polish construction giant Mostostal Zabrze, is reluctant
to sell the majority of its shares in PRInz, the Polish daily, 'Rzeczpospolita',
reports.
However, according to Jerzy Smagowski, the President of MZ, should the company's
financial situation worsen, this idea might become more of a possibility. It is
also possible that the company will buy PRInz's shares from the Swedish
constructor NCC and take control of it.
Mitex for Koreans
The construction company Mitex has been announced as the general constructor for
the new South Korean Embassy in Warsaw. The USD 2.2 mln contract is scheduled
for completion at the end of August 2003.
Eiffage Construction holds most of Mitex's shares (74.79 %). Pro-Equity Fund I
has 11.92 % and individual shareholders 13.29 %. The company has previously
constructed Hotel Ibis in Lódz (Centrum), Hotel Novotel in Kraków (South), t
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