Mostostal Zabrze to complete euro 62 mn investment in 2002
Building firm Mostostal Zabrze Holding S.A. will complete construction of a
euro 62 million, 30-story building called UNI Centrum in Katowice in the
summer of 2002, said Mostostal head Ryszard Deren. Construction of the
building, which will offer 55,000 square meters of apartment, office and
commercial space, as well as a movie theater, will be financed from
Mostostal's own sources and through a loan from Polish Kredyt Bank, covering
15% and 52% of the total investment, respectively. Deren did not exclude the
possibility of selling the building before the loan is repaid (Reuters)