Mitex can enter new markets thanks to purchase of shares by Eiffage

Following recent purchases of shares in the construction company Mitex, Eiff age Construction now owns 88.61% of the company's stock. This leaves just un der 10% of shares in the hands of Michal Solowow, who so far was the main sh areholder. Eiffage Construction issued a call to buy shares for zl. 16 each, which means Eiffage paid about zl. 209.9 million for the whole package. At t he moment the market value of the shares are zl. 14. A member of the Mitex b oard said that this move will help the company enter new markets, such as ro ad construction, or to participate in tenders which were previous out of Mit ex's reach. For Eiffage Construction its latest purchase underlines the fact that it is not only committed to Central Europe, but is also seeking to cons olidate its presence. there. (Prawo i Gospodarka p. 5) A.L.