Germans going underground

Alan Heath
14-03-2002, 00:00

The German Bilfinger + Berger is hoping to be able to build the second line of the Warsaw underground system, running from east to west. The company has been active on the Polish market for some time and owns a 99.9 percent stake in constructor Hydrobudowa 6.

Gregor Sobisch, MD of Bilfinger + Berger Polska as well as being MD of Hydrobudowa 6 says that his company will commence the tender for the contract alongside Siemens and Hochtief. Together the companies should be able to finance the project. Sobisch thinks that construction could commence next year.

All eyes are now on the analysis for the construction of the metro together with the possibilities of financing the project, the technical difficulties of construction as well as the legal aspects. The plan has been prepared by PricewaterhouseCoopers. This week city authorities should be getting the latest rough plan.

The project to build the second line together with completion of the northern extension of the existing line is believed to cost around PLN8.3bn. It is possible that the German company could buy another Polish firm in the sector in order to facilitate the works. In any case this is a good time to seek acquisitions as prices are considerably lower than they were a couple of years ago.

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