Mex-Invest head to take more than 50% of Metalexport

The Treasury has sold a 51.1% stake of explosives trader and industrial buildings constructor Metalexport S.A. to Mex-Invest head Piotr Buechner. The transaction is valued at zl. 27.6 million. Mex-Invest has promised to make investments in Metalexport some of which will be financed by its own capital. Mex-Invest will also raise and takeover the capital of Metalexport within five years. According to unofficial information Buechner intends to expand the activity of Metalexport and other associated firms on an international scale. He has already begun restructuring companies under his control with this aim in mind. (Puls Biznesu, page 7) A.Z.