Drinks producer Hoop to increase capital and may enter Warsaw bourse

Soft drinks and mineral water producer Hoop is to increase its capital by up to zł. 5 million by the end of June. "It is possible that the company might enter the Warsaw Stock Exchange by the end of June this year, but we are also considering other options," said Paweł Tamborski from CA IB, a company responsible for the potential flotation of the Hoop shares. Rzeczpospolita learned that pension funds were interested in acquiring substantial amounts of these stocks, as the food sector is becoming more attractive and they have already invested in it a number of times over the last year. The potential value of these shares is expected to exceed zł. 20 per unit. Hoop aims to collect zł. 100 million from the market, to be spent on acquisitions. (Rzeczpospolita, p. B4) M.M.