Orco bidding together with Trigranit amended their bid for a reconstruction of Ostrava’s centre by implementing demands and suggests of local people in order to increase their chances in the tender. Other interested parties include Inde Development, Multi Development, ECE&Passerinvest. A decision on the winner should be made on June 28. Should Orco/Trigranit win the tender, it would add EUR6 per Orco’s share. We reiterate our Buy recommendation.