Analysts rate Budimex's chance in winning Iraqi contracts
Published:
13 April 2003 y., Sunday
Shares in the largest construction group in Poland, Budimex, posted sharp gains on Thursday due to growing hopes the company might win future contracts to rebuild war-damaged Iraq.
"Budimex is probably one of the few Polish c ompanies that has a chance to rebuild Iraq," said Rafał Jankowski, analyst at Bank Pekao brokerage house. Budimex has a long history of working on infrastructure projects in Iraq dating back to the 1970s. Company annual revenues currently amount to zł. 2.5 billion and it has a particularly strong position in the road, bridge and flat construction sectors.
Šaltinis:
wbj.pl
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