"Contract of the century" & zl. 500 m. for Przemyslowe Centrum Optyki?

In what may be the " contract of the century" for the Polish military industry, Warsaw-based Pzemyslowe Centrum Optyki (PCO) is close to signing a contract with the Indian government to provide viewfinder systems for armored vehicles in the Indian army. The transaction is unofficially estimated to be worth as much as zl.500 million. Although provisions of the contract are strictly confidential and representatives of the parties involved have refused to comment, some information came from a representative of the Economy Ministry, who said that price negotiations have already been closed. PCO hopes to conclude the contract before mid-year. PCO is one of the best firms in its sector and, as part of the whole military industry, is owned by the Economy Ministry. Currently PCO is in the advanced stage of preparation for privatization. (Puls Biznesu, p.10), M.T.