Steel and construction concern plans road building expansion

"We have begun talks with shareholders in two road construction firms, to whom we have already presented our offer," said PMS president Konrad Jaskóła. He refused to reveal the names of the construction business being targeted. Market analysts speculate that one of them is Katowice-based PRInż. If PMS manages to take over this company, which has annual sales exceeding zł.600 million, it would top Budimex, the largest construction company listed on the Warsaw Stock Exchange, in terms of revenues. Although PRInż has theoretically been for sale since the beginning of last year and several serious approaches have been made, company representatives have failed to agree on any one deal. According to unofficial sources the acquisition of PRInż will cost PMS between zł.100-140 million. (Puls Biznesu, p. 9) A.K.