Projprzem mobilizes to fulfill NATO base contract

One of the contractors for the works will most probably be Projprzem, for whom this would be the largest deal ever. Henryk Chyliński, Projprzem's president, confirmed that his firm was enumerated on the list of the contractors, but he also emphasized that the negotiations are still in progress. "We will reveal more details in our official announcement," he said. According to Parkiet, the construction works will last for about 15 months. Projprzem's revenues thanks to the contract could reach the level of several tens of millions of złoty. Apart from that, the company was recently granted all the necessary certificates to participate in tenders announced by the army. According to Chyliński, the military market is large and promising. Projprzem's revenues between January and June this year amounted to zł.57 million, and its net profit was zł.2.04 million. As compared to the analogous period of 2004, the company's sales increased by 40% and the net profit by over 100%. (Parkiet, p. 4) A.F.