Moststroy’s reported H1 2010 consolidated net loss of BGN 1.9m compared to BGN 2.6m loss in H1 2009. Revenues for the period declined 52.9% YoY to BGN 2.2m while EBITDA came to negative BGN 956k, down from negative BGN 831k a year ago. The net loss shrank as a result of lower interest expense (BGN 604k, down from BGN 977k). IB debt increased by 2.5% YTD to BGN 25.2m while book value of equity declined to the alarming BGN 5k from BGN 2m at the end of 2009. Promising for the company is that today it starts building Lot 4 of Trakia highway in consortium with Holding Roads.