EI's wait for AB pulls off with zł.800 million revenues
One of the largest domestic IT distributors, Wrocław-based AB, which is 46% owned by Enterprise Investors (EI) expects to record zł.800 million revenues in 2004. "After eight months the plan seems realistic. Already in August we had daily turnover similar to the record-high results from December last year," said AB's Joanna Kubik. Last year the company had revenues amounting to zł.658 million, which were 25% higher than in 2002. It is possible that the firm might be floated if the venture capitalists reach an agreement with AB. EI refused to comment on when and how it would leave AB. It usually holds shares for 3-5 years but in this case EI has invested in AB for over six years. (Puls Biznesu, p. 6) M.M.