Polish State Airports profits down zl. 20 million due to wages and inv estments

The profits of Polish State Airports (PPL) for 2002 are expected to amount to zl. 110 million, which is zl. 20 million less than for 2001, said Z bigniew Lisiecki PPL general director. This is mainly due to the increase in wages to PPL's employees promised by the former government and to planned investments. Among them are zl. 30 million for a new radar for Warsaw's Okecie airport, zl. 80 million for building a hotel at the airport, zl. 110 million for starting construction of the second terminal, and zl. 250 million for repairs and improvements to navigation systems across the country. In July, PPL will choose the contractor to build the second t erminal. This week three companies, Ferrovial Agroman-Budimex, Hochtief AG and Strabag will present details of their projects. Lisiecki has promised that conditions for the tender will not be changed and the contractor would have to complete the new terminal within 36 months. The total cost of the construction is expected to be between $230 million and $240 million. (Puls Biznesu, p. 7) A.D.