Mostostal Warszawa signs deal with regional construction firm MPB

The deal must be approved by the Consumer and Competition Protection Office (UOKiK). "Mostostal Warszawa and MPB have been cooperating for a long time," said Krzysztof Baczynski of NBS, the management firm of National Investment Firm (NIF) Piast. "Now Mostostal will strengthen its holding and MPB will have protection from the Warsaw company." Last year MPB reported profit of zl. 550,000, and its net profit for January through June 1998 amounted to zl. 281,000 on revenues of zl. 13.3 million. (Prawo i Gospodarka, page 17)