HanseMerkur to enter Poland

Germany's travel insurance company HanseMerkur has been preparing itself to enter Polish market, Puls Biznesu daily reported. The firm has already employed Polish manager responsible for the expansion, who specializes in tourism. HanseMerkur has been looking into Polish market for years. "I cannot confirm neither deny about our plans regarding entering Poland," Heinz-Gerhard Wilkens, the firm's spokesmen said. "The Germans committed a small budget for Poland and they want to focus primarily on selling insurances for travel agencies' customers," said one of experts cited by the daily. An annual turnover of the the firm is €836 million.