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| Polish PRInz declared bankrupt PRInz, a Polish construction company has been declared bankrupt, following a period of liquidity problems. NCC that owns a 47-percent interest in PRInz, had already posted an impairment loss for the value of its shareholding in PRInz, which had a negative effect of SEK 26 million on third-quarter earnings. The construction company PRInz had sales of approximately PLN 600 million, corresponding to about SEK 1.4 billion. The other major shareholders in PRInz are the Polish company Mostostal Zabrze-Holding S.A., which holds 33 percent, and the Polish bank BGZ, which holds 19 percent. write your comments about the article :: © 2005 Construction News :: home page |