Back to the drawing board for Muza's development strategy

Publishers Prószyński i Spółka, Rebis and Iskry, which are the potential takeover targets of listed publisher Muza, are not for sale. This means that it will be very hard to meet all the objectives of the development program prepared by Muza. All of these companies are already in the private sector and their owners have no intention of disposing of them. They are, however, exerting much effort in order to make 2003 a better year in comparison to last year, when their sales dropped by 6%. "The first five months were surprisingly good and we recorded an increase in our turnover," said Iskry's president and owner Wiesław Uchański. Muza decided to buy a publisher after the Treasury Ministry cancelled, for the third time, the tender for educational book publisher WSiP. "We are still going to take over companies, but not educational ones. We prefer firms with a profile similar to our own," said Muza president Marcin Garliński. (Parkiet, p. 5) M.M.