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Balfour Beatty has become the first British contractor to buy a former Eastern Bloc building firm.A deal giving Balfour a majority stake in a small Czechoslovakian firm specialising in refurb and restoration was completed by its Prague office this week.The firm, Corekta, was set up just over a year ago by the Czechoslovakian government as it moved to privatise the massive state building organisations.Balfour would not confirm the exact size of its stake, but the rest of the shares in ...

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