Viterra Baupartner expanding residential construction

Viterra Baupartner Polska (VBP), a real estate developer owned by German E.ON, announced its plan to build 2000 flats by the end of the year 2004. This year alone it will invest some zl.200 million in housing construction. Although it currently operates mainly in Warsaw, it plans to create subsidiaries in major cities throughout Poland."We build only residential buildings in Poland. This market has huge progress possibilities. We're interested in new locations in Warsaw and its suburbs," said Leslaw Chechelski, head of VBP. He added that the company would launch a new type of operation this year, the construction of single-family dwellings. (Puls Biznesu, p.10) M.K.