Baran Group Ltd. [USA] (BRANF.PK)

Baran Group, Ltd. is a global provider of engineering, technology and construction solutions. The Company offers fully integrated project services, from feasibility studies and planning, detailed engineering, procurement, construction management, technology development up to complete turnkey project and facility management. The Baran Group serves a range of markets through four professional divisions: communications, industry, civil engineering, and technology and services. The communications division specializes in planning, management and construction of communications infrastructure. The civil engineering division is in the business of managing, coordinating, supervising and building projects in the field of construction, civil infrastructure, as well as industrial buildings.

Baran Group Ltd. is a global engineering and contracting firm that provides engineering, construction project management and consulting services, procurement and construction management services to the telecommunications industry and various other industry sectors. For the 3 months ended 3/31/04, revenues rose 7% to NIS183.1M. Net loss before US GAAP totaled $22.6M vs. an income of $3.1M. Results reflect higher construction project and margins.