Mostostal signs deal with PHN

WSE-listed builder Mostostal Warszawa has signed a PLN 52.59 million deal with state-owned, WSE-listed real estate holding Polski Hoilding Nieruchomości’ unit PHN SPV 13 to build two apartment buildings with accompanying infrastructure in Warsaw, the company said in a filing.

According to the contract’s terms, the construction is set to be completed within 23 months after a handover of the site to Mostostal.

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