A 2006 IPO seems almost certain for portal Bankier.pl

At the same time the fund announced it would carry out at least one investment project in Poland by the end of 2005. "We are waiting for the results of the final analysis, which would confirm that the bourse is the best solution for the company," said Piotr Pajewski, a bmp management board member. He went on to say that floating shares in Bankier.pl would be a feasible solution. "The company is developing. Its value is increasing. Opting out of such investment would be unreasonable," concluded Pajewski. He only revealed that proceeds from the floatation would be designated for investments, which are currently carried out slowly due to limited amount of cash. (Parkiet, p. 5) M.M.