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Euro-net predicts 2005 revenues of zł.1 billion

The main aim of the domestic network of 116 stores will be to maintain a leading position on the market. "We want to open 10-15 new outlets a year. Since we locate our stores mainly in large shopping malls, the development of our network depends on the rate of their construction. We do not plan development through takeovers," stated Euro-net's president Robert Kuczyński. "We estimate that our share in the market this year will amount to 12-15% which means a growth in comparison with 2004 when it was 11-13%," informed the marketing director Tomasz Siedlecki. Company representatives refused to reveal Euro-net's financial data, but they declared that the concern's turnover this year may amount to as much as zł.1 billion. (Puls Biznesu, p. 9) E.B.

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