Ferrovial loses order for Poland airport - report

MADRID Thomson Financial - Grupo Ferrovial SA's consortium with its Budimex unit, Agroman, and Estudio Lamela has lost its contract to build a new terminal in the Varsovia airport in Poland, Expansion reported, without citing its sources.

Polonia PPL (nyse: PPL - news - people ), public overseer of airport installations, withdrew the contract citing delays in construction, specifically in installing a fire prevention system in the building.

Construction on the new terminal had begun in 2003.

Ferrovial plans to take legal action against PPL, noting that 'work has been completed in accordance with the public Polish company's demands,' the newspaper said.

This is the third contract Ferrovial has lost in Poland in recent months.

Source: forbes.com