AB eyes September market debut

It plans to collect up to zl.19.2 million from the floor, which will be designated for investments. "Over the next two years we intend to designate zl.26.8 million for investments. Out of this sum, zl.17 million will be consumed by the construction of a logistics center, while the remainder will be invested in developing a distribution network and IT system," said Piotr Nowjalis, financial director of the company. According to the 2005 Teleinfo 500 report, AB was ranked as the fourth largest company in the field, with a 9.7% stake in the market.The company's net profit amounted to zl.2.2 million on revenues of zl.499.16 million in H1 2006. "We want to first exhaust the Polish market's growth potential, but we might decide on foreign investment in the future," said Andrzej Przybylo, president of AB. (Puls Biznesu, p.10) M.M.