Comp Rzeszów delighted with its 2003 results

The company's net profits rose by 40% as compared to 2002, and amounted to zł. 10.1 million. CR's growth dynamics for the past few year's have not fallen below 20%, and according to company representatives, the rate will be maintained this year. "We estimate that our 2004 sales will reach between zł. 115-118 million, with net profits exceeding zł. 12 million," said Bartosz Górski, CR's marketing specialist. The positive financial results are an incentive to purchase the company's shares in a public issue scheduled for the second quarter, during which the enterprise plans to raise between zł. 30-40 million. The funds will be primarily used for further investments, such as foreign acquisitions, as company representatives are targeting the Czech and Slovak markets. In the future the concern does not exclude offering its services in West Europe and Russia. (Parkiet, p. 5) A.K.