Komfort hopes to sweep away the competition following its IPO

The company wants to raise zł.60 million which will be invested into developing its existing sales network. The Komfort capital group consists of, among others, carpet shops under the same name and companies in the building sector. The biggest of them are Invest Komfort and Porta KMI Poland. By the end of this year, the company is going to open new outlets in Opole, Wrocław, Łódź, Tarnobrzeg, Gdańsk, Gdynia, Poznań and Warsaw. The company noted 2005 revenues of zł.320 million on which it made a net profit of zł.16 million. Compared to 2004, sales grew by zł.10 million, while the net profit has dropped by zł.2.5 million. "We are in the process of choosing an investment advisor and specifying our strategy," said company deputy president Jerzy Szkwarek. The decision to go public and develop their sales network may have been triggered by increasing market competition - in the first half of 2006 a new company, Carpetright, will open its outlets in Poland. (Puls Biznesu, p. 8) J.L.