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Fierce battle for purchase of Katowice road construction company expected

German Bilfinger Berger and French Eiffage are conducting due diligence on Przedsiębiorstwo Robót Inżynieryjnych (PRInż), a Katowice based civil engineering company, specializing in road construction. The company is an attractive target as its potential is very likely to increase once the roads and highway construction program gets fully underway. Moreover, the company is likely to win a potential investor thanks to its full order books and positive financial results. According to Puls Biznesu both Bilfinger Berger and Eiffage have expressed interest in the deal, but they would not comment on this. However, Bilfinger Berger's country representative Gregor Sobisch admitted it is a good time for investment and the company indeed had some plans concerning the market. Analysts believe Skanska might be interested in the purchase as it is not pleased with its sector company Gdańskie Przedsiębiorstwo Robót Drogowych (GPRD) and buying PRInż would give it greater access to the attractive southern market. (Puls Biznesu, p. 9) J.K.

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