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June 03, 2003 - Tuesday |
How Austro Bau runs its new firm Konstruktor Pancevo
June 3 (IIS, Tanjug) - In March of this year Austrian construction firm Austro Bau has acquired Pancevo based building firm Konstruktor for near 11 million dinars (€170,000). So far Austro Bau has invested 60 million dinars (€920,000) and employed 50 new workers. Overdue salaries had been paid off.
Under the administration of new owner Konstruktor is speeded up works on big resident building in the Centre of Pancevo. Reconstruction of Betonjerka (the concrete factory) has began, which would enable Konstruktor to produce 120 m3 concrete per hour. During the summer Pancevo firm will start another construction in the centre of the town with 70 flats and the first city’s underground garage for 100 cars.
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