KGHM Metale to fuel Plazmatronika's development

KGHM Metale, a subsidiary of Polish copper mining holding KGHM Polska Miedz, plans to acquire a 25% stake in high-tech research and development company P lazmatronika. The transaction, costing some $2 million, is expected to be fi nalized within a few weeks. Plazmatronika specializes primarily in the produ ction and operation of microwave machinery for laboratories, industry and th e construction sector. The company has ambitious development plans, and will use the financial input from KGHM to create several subsidiaries and ultimat ely to go public. Currently, Plazmatronika's annual revenue stands at zl.4 m illion, a figure it aims to increase to over zl.15 million in 2004. (Puls Bi znesu, p. 6) M.K.