Polimex-Mostostal to sell Siedlce plant in Q1

Troubled construction company Polimex-Mostostal expects to conclude the sale of its Siedlce steel structures production in the first quarter of 2015, the company’s CEO Maciej Stańczuk told the Polish Press Agency. Polimex-Mostostal sent out teasers to more than 40 potential buyers of the Siedlce plant two weeks ago. “Even before the formal sale process started, we saw a lot of interest,” Stańczuk. The EGM of Polimex-Mostostal approved the sale of the Siedlce plan in January this year.