Rafako wins zł.298 million contract with ZE PAK

The project should be completed in December 2007. "We will obtain a loan for the investment from the National Environmental Fund, as well as use our own funds. We do not plan to take any bank credits. The IOS must be installed by 2008 and we have no other choice," said Maciej Łęczycki, ZE PAK's spokesperson. "Currently we are building similar installations for power plants in Bełchatów and Ostrołęka. The total value of our contracts with Polish power plants amounts to zł.700 million," said Mariusz Różacki, president of Rafako. The company also hopes to win a zł.100 million contract with the Czech power plant of Mittal Steel. The contracts will be invoiced next year. "2006 will be a good year, but in 2005 we will also record a much better result than in 2004. Next year might be a breakthrough year for us," said Różacki. (Parkiet, p. 4) M.M.