French competitor is among prospective candidates to buy a stake in Orbis

British company Bass and French group Accor are among the candidates to purchase 35.4% of Orbis S.A. shares. In the next few years, Orbis is planning to develop a network of three-star and four-star hotels, expand into the international hotel market, and build 12 two-star motels. Currently, Orbis has 55 hotels in Poland giving it a 42% market share. Accor is considered Orbis' biggest competitor in the Polish market. "The future of Orbis is being decided now. Private investors have a 60% stake in the company and the Treasury owns 41.9% of shares. The Treasury will try to satisfy all of the other investors" said president of the Management Board of Orbis Maciej Grelowski. Last year, Orbis made a net profit of zl. 92.2 million. (Rzeczpospolita, page B1) M.M.