WSE rise for Polnord after liquidation proceedings are dropped by Budmark

According to unofficial information, the cancellation was brought about by Budmark, which allegedly settled with Polnord and withdrew its court summons. The liquidation procedures themselves started at the beginning of March when Budmark, a Polnord subcontractor, brought an appeal for Polnord's liquidation to court, claiming Polnord failed to pay zł.950,000 for overdue payments. At that time Polnord challenged the accusations, saying they were untrue and Budmark was just looking for easy money, however, annulment of the procedures suggests the contrary and probably means Polnord paid all the due money. Marek Wojtaszewski, Budmark president when asked for comments simply said: "I took the matter from court as we reached an agreement. The problem then ceased to exist." (Parkiet p.1) M.G.