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ATM to add to its account with takeovers and startups

"Organic growth does not satisfy us, even if it amounts to 20-30% on an annual basis," said Tadeusz Czichon, deputy president of the company. In 2005 the company posted revenues of zł.119 million and a net profit of zł.19.2 million. In 2006 the company has so far carried out two start-up projects. "By the end of the year we should launch three to four more projects of the same type. We want to set up a technology incubator around our company. We hope that ideas developed in it will be commercially utilized and will ensure rapid growth," explained Czichon. At the same time ATM is conducting talks with two companies of the same profile. "We are considering the acquisition of a company worth zł.100 million, which will double our potential and ensure access to new clients," announced Czichon. According to market rumors, the takeover target could be Data Crowley Poland, since both companies already cooperate at the operational level. (Parkiet, p. 3) M.M.

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