Atlantis rumored to be negotiating change in business

Atlantis, the specialist producer of construction materials, is rumored to be in negotiations with a potential strategic investor, the Star 21 Network. According to unofficial sources, the negotiations between Atlantis and the German data transmission company started several weeks ago. "I cannot comment on the information. I cannot confirm it, but I'm not denying it either," said Atlantis owner, Pawel Obrebski. However, he did confirm that any strategic investor who purchased a new share issue by Atlantis would have an influence on the remaining stages of the firm's restructuring. If the deal with Star 21 goes ahead, Atlantis is expected to sell its two construction firms, based in Mielec and Lublin, and to transform itself into a telecommunications company providing data transmission services. Atlantis will also be able to carry out its plan of purchasing Conextel, which has been granted by the telecommunications ministry with a license to provide wireless data transmission in several of Poland's largest cities. (Puls Biznesu, p.5) A.Z.