CCC hopes to march to glory following its IPO

Most likely, a majority of the shares would be purchased by institutional investors and, "We already can see their interest," said Mariusz Gnych from CCC. The company sells its products through a network of 207 franchise stores and 60 of own outlets, which secures it 5% of the national market. "Shoe distributors are highly fragmented and over 80% of the products are imported," believes Gnych. He added that the company would focus on organic growth, which should allow it to boost its market share by several percent. By 2007 CCC will open 90 new own stores. "We need roughly zł.80 million for this purpose. The majority of the money will be obtained from the IPO," explained Gnych. (Parkiet, p. 6) M.M.