Renewed ZUS contract still not enough to boost Prokom's sagging fortunes

The zł.113.5 million contract expires on October 20 and extending it would greatly help Prokom, whose standing on the bourse has been under pressure due to the company's declining results. However, Przemysław Sawala-Uryasz, a CA IB analyst warns, "This deal is signed every year, so its influence on Prokom's share standing may not be that great." The KSI network is one of the largest IT projects in Europe, it cost in total zł.1.5 billion, zł.620 million of which went to Prokom. Because of its poor results, the company needs to win new clients, or new large-scale contracts. Prokom is now in negotiations to secure several contracts worth over zł.300 million. In consortium with, among others, Computerland, Prokom is also negotiating to win the Tetra and C2 offset projects. (Puls Biznesu, p. 11) D.W.