Mostostal Zabrze takes over Katowice PRInz: who's building A2 highway?

Construction firms Mostostal Zabrze (Mostostal) and Katowice-based PRInz have signed a contract giving the former virtual control over the latter, ousting PRInz ▒s minor investor Swedish NCC from the deal. Analysts say the only move for the Swedish company now is to negotiate the price at which it will hand over its stake to Mostostal. In the future it will be allowed to negotiate the purchase of the shares of a new company to be created after the merger of Mostostal and PIA Piasecki. Mostostal, PRInz and Piasecki would constitute the third largest construction group in Poland, creating a desirable prize for foreign investors. Presumably the mover behind the Mostostal victory is its main shareholder Bank Handlowy. In the new circumstances it is not certain whether PRInz will be the main constructor of the planned A2 highway, as NCC is the main investor in the enterprise, responsible for half of the total cost. Still, many industry sources believe that all companies capable of carrying out the project, i.e. PRInz, Dromex and Exbud-owned GPRD, will participate in the construction. (Rzeczpospolita, p.B4) J.K.