NCC Polska to sell 47.1% in road constructor PRInz

Swedish construction company NCC Polska has decided to sell its 47.1% stake in PRInz, a Katowice-based engineering company which was, until recently, one of the most efficient road constructors in the country. The president of NCC Polska, Janusz Puzia, said that his company was no longer interested in holding a minority stake, which was insufficient to make any binding decisions. A 32.99% stake in PRInz is owned by Mostostal Zabrze, which has proved unwilling to sell it to NCC Polska, despite repeated purchasing attempts on the part of the latter. "If PRInz had only one owner, its financial condition would be much better. Besides, NCC does not create holding structures, and we are used to holding 100% in each subsidiary," Puzia added. (Puls Biznesu, p. 4) K.Z.