Mostostal builds roadway to profits in 2004

"The high losses were mainly due to the bankruptcy of Mostostal Aluminium and the weak financial condition of MPB Mielec," the company's president Santiago de la Fuente revealed. "However," he added, "these two factors will not affect the financial results of the current year." According to preliminary estimates, the group's revenues should grow by 20% in 2004 and its order portfolio has already exceeded the value recorded in 2003. In order to post a profit, the company will carry out internal consolidation and limit its costs, as well as focus on road and motorway construction. (Puls Biznesu, pp. 1, 11) M.M.