Poland: Bidders for Warsaw airport project

Article Abstract:

Roland Jurecka, director of Strabag, says that the Austrian construction company, Hochtief and Ferrovial have been short-listed for the expansion of Warsaw airport. The three are to submit concrete offers by mid-October 2001. Originally 9 bidders had been seeking the contract. The project involves the construction of a second terminal and the expansion of the departures hall. According to Jurecka, it is worth a "few thousand million schillings". Strabag is proposing a private-public partnership for the financing of the project.

New orders received, Poland, Industrial Nonbuilding Structure Construction, Airports Construction, Airport construction, Hochtief AG, Ferrovial S.A.

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La Soci t nig rienne de cimenterie privatise

Article Abstract:

Scancem International has invested CFA Fr 696mn to take a 77% stake in Soci t Nig rienne de Cimenterie (SNC), the Nigerian cement producer being privatised. Private local partners will control the rest of the capital. SNC is to increase its capital by CFA Fr 400mn to CFA Fr 1.3bn. Scancem has committed to invest CFA Fr 342mn during the next three years to upgrade the company's installations and to retain existing jobs. SNC, which employs 163 agents, produced 29,251 tonnes of cement in 1996 compared with 31,058 tonnes in 1995.

Comment:

Scancem Intnl invests CFA Fr696 mil to take 77% stake in the Nigerian cement producer being privatised

Asset sales & divestitures, Cement, Cement Manufacturing, Nigeria, Article, Soci t Nig rienne de Cimenterie

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