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Warbud's Capitalisation Brings Results.

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| January 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

Warbud, a company operating on the flat and commercial property construction market, will finish 2005 in the black. "We should record a net profit of around ZL10m," said the company's CEO, Wlodzimierz Wlodarczyk. This is a significant improvement in comparison to the ZL54m loss from 2004. The latter mainly resulted from problems with the Blue City contract worth ZL140m, for which the company received only ZL90m. The ...

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