Polish Builder PBG Jumps First Time in Six Days on Road Contract

PBG SA (PBG), Poland’s third-largest builder rose for the first time in six days after it won a road construction contract.

The shares jumped 4 percent to 65.2 zloty as of 11:11 a.m. in Warsaw. PBG is the second-worst performing stock in Poland’s benchmark WIG20 Index (WIG20) this year.

PBG won a 221.4 million-euro ($297 million) contract to build a section of a road in Gdansk, the Polish northern city, with Obrascon Huarte Lain SA (OHL), according to a statement from the Madrid-based company yesterday.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.