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Zlote Tarasy project shortlist to be announced next week

A shortlist of candidates to undertake the construction of the Zlote Tarasy trade center in Warsaw, a project estimated to cost $250 million, will be announced next week. The three leading contenders, according to Puls Biznesu, are Poland's own PIA Piasecki in partnership with Besix of Belgium, Skanska of Sweden, and Hochtief of Germany. "This is not yet the final shortlist. We haven't yet made a final choice. There are more companies competing," said Jerzy Hanczewski, deputy president of ING Real Estate, the co-owner of Zlote Tarasy. He did confirm, however, that PIA Piasecki, Hochtief and Skanska were among the candidates. Work on the Zlote Tarasy development, which will change the face of Warsaw city center and is one of the biggest ever investment projects in Poland, is scheduled to begin by the end of May. (Puls Biznesu, p. 4) P.J.

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