In Brief: A4 highway; Polinova; Credit companies; Skanska Property Poland

Renovation of 92 kilometers of the A4 highway will cost euro 300 million. Part of the works - necessary for the road to conform to EU standards - will be completed by 2005. The contractors for the upgrade are domestic building firm Dromex and Germany's Walter Hailit, with the majority of capital for the project coming form the ISPA fund. (Puls Biznesu, p. 6) ... Roofing paper producer Polinova is going bankrupt. Polinova's shareholders charged the company's competitor Icopal with its decline having taken over Polinova's debts and blocked the firm's agreements with its creditors. (Puls Biznesu, p. 8) ... In the first half of 2002 credit intermediaries granted over 2.2 million loans to a total of zl. 3.5 billion - a 3% increase on last year. (Prawo i Gospodarska, p. 5) ... Skanska Property Poland is planning to build another office building in Warsaw in co-operation with gmina Centrum, who will contribute land worth zl. 18.2 million to the investment. Another company involved will be Polish State Railways (PKP). (Puls Biznesu, p.11) A.D.