Military spells profit
The Ministry of Defence has announced that it will hold a tender in the fourth quarter of this year in which it will decide upon the companies who will work on the modernisation of the naval and fuel bases as well as airports.
NATO requirements mean that 14 bases need to be brought up to the standards of the military alliance. Modernisation will cost almost PLN1.5bn and should start next year.
There are 52 companies that are approved by the alliance and they include names such as Budimex, Siemens, Prokom, Mostostal Warszawa, Mostostal Gdańsk and Hydrobudowa Gdańsk all of whom should do very well out of these spending plans.
Eighty percent of these plans is being paid by NATO and the rest by Poland.
Poland joined NATO in 1997.