"Big Blue" travel agency preparing for receivership?

"In co-operation with a group of professionals, we are preparing the company's floatation. I believe that we should enter the Warsaw bourse in 2-3 years," announced BB managing director Marcin Kołodziejczyk. Analysts say, "There have been a large number of bankruptcies in the travel sector recently. There is a lack of well-recognized brands and entering the bourse would increase the company's reliability. However, it is important that the company records a profit this year, otherwise it will be hard to convince investors," said Millennium Bank analyst Katarzyna Perzak. Moreover, analysts warn that the value of the share issue should not exceed zł. 60-80 million, as the company's turnover amounted to zł. 100 million in 2002. (Puls Biznesu, pp. 1, 5) M.M.