Comp Rzeszów poised for two listed acquisitions

The company hopes that it will soon become the leading enterprise managing systems provider in the country. Until now Comp Rzeszów was active mainly in the banking sector, while its sales in other segments of the market generated only a small part of Comp's revenues. Now the company wants to be less dependent on the fluctuating situation in the financial sector and hence the decision to enter the rapidly developing ERP solutions market.  "From among a group of ERP systems providers we have already chosen two companies with which we are close to signing contracts," said Adam Góral, Comp Rzeszów's president and the majority shareholder. Góral did not want to reveal the names of the two entities, but said both companies are traded on the bourse. Comp Rzeszów, which wants to take over a stake of 100% shares in both firms, closed the due diligence and is now in the process of preparing the documentation necessary for the acquisitions. According to Góral, the transactions may take place by the end of this year. (Parkiet, Sept. 10-11, p. 5) A.F.