Prochem eager to offload its zł.20 million in cash

"We paid off the loans and we have zł.20 million in cash at our disposal. We want to designate the funds for new investments," said Marek Garliński, president of the firm. The firm will soon start construction of a modern housing-office complex in Warsaw, which will be the company's largest project of this kind. "Procedural works are under way and there are a few formal problems, but I assess the chances of executing the project at 80%," explained the president. Similar projects bear a 10-20% annual rate of return. (Puls Biznesu, p. 11) M.M.