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.
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