Ster-Projekt waits for TP SA contract to boost sagging sales

According to sources, IT company Ster-Projekt has finally signed a zł.70 million deal with TP SA to create an accounting center, which was delayed for several months due to personal changes in the telecom company. If the information is confirmed, this might help improve Ster-Projekt's share value, which has been falling for the previous two quarters due to weak results. There were also rumors that the company's president Piotr Smólski might be sacked but, "The supervisory board has no such plans. As it is clear that he knows how to win new contracts and we only expect him to present us with a restructuring plan," said Wojciech Grzybowski, a member of the supervisory board. If all operations of France Telecom are moved to these centers, and there are such rumors, then Ster-Projekt could expect new contracts within the same project. (Puls Biznesu, p. 7) M.M.