Czarnecki heads East

The holding controls companies like Open Finance, Powszechny Dom Kredytowy, Fiolet, GetinLeasing and Carcade, not to mention the leading company in the group - Getin Bank. Czarnecki has so far invested USD 20 million into Carcade. The company already operates on the Russian market. In each new eastern country Czarnecki is planning to invest tens of millions of USD. The investments will be financed by a new share issue planned for this autumn. Analysts express their interest in the idea. (Gazeta Wyborcza, p. 38) J.L.