Expansion-minded Artman announces plan to debut on the bourse

It is hoped that a share issue worth between zł.25-30 million will finance the expansion of the company's sales network. "We are planning an intensive development which would not be possible without external financing," said Krzysztof Bajołek, the company's president. Artman has been operating on the market since 1991, but it only started to develop rapidly in 2001 through the introduction of retail sales. To date, the company owns 25 shopping center outlets, 24 franchised stores in smaller towns and over 120 department stores stands. It hopes to open 90 more outlets by the end of 2006. (Rzeczpospolita, p. B4) K.J.