Porr interested in acquiring Bilfinger

Porr, Austrian construction company is mulling acquisition of the Polish unit of Bilfinger. The talks have reached an advanced stage, Puls Biznesu daily reported on Monday. As Poland is one of Porr's "strategic markets," according to CEO, Karl-Heinz Staruss, the firm is "looking for a company which specializes in infrastructure constructing." "This firm would fit our group very well, among others, due to its involvment in Norway, because Scandinavian countries and the UK are among our expansion destinations. No decisions regarding an acquisition have been made yet. If there is an acquisition, it will take place by the end of the year or not at all," Strauss pointed put. Porr recorded a €3.5 billion turnover in 2014, its portfolio is valued at over €4 billion.