In Brief: Prochnik losses; Huta Ferrum tender; Budimex pre-merger share issue

Last year Prochnik earned zl. 44.6 million in revenues and had an operating loss of zl. 15.4 million. The company incurred losses of over zl. 94 million by creating reserves. (Parkiet, page 2) ... Poland's Treasury Ministry yesterday invited bids for nearly 1.1 million shares or 14.825% stake in steel trader and producer Huta Ferrum. (Reuters) ... Budimex S.A., Poland's leading construction group, plans to issue nearly 1.5 million new shares for shareholders of builder Mostostal Krakow with which it plans to merge later this year. (Reuters) P.S.