Largest domestic pre-paid card distributor looking for bourse debut partner

Before the debut the company has to find an investor. One of the candidates is the publicly listed Mennica Polska, but the firm is also in talks with two other entities. According to Andrzej Basiak, Grupa Lew's president, the final decision should be made by the end of November. Grupa Lew controls 4% of the pre-paid market, whose combined revenues for 2005 are estimated at about zł.4 billion. The company plans to broaden its products range soon, and its financial situation is getting gradually better. After Q3 this year the firm's revenues amounted to zł.84.2 million, which is nearly as much as the whole 2004 (zł.84.3 million). EBIDTA profit was zł.600,000, and net profit zł.360,000, while last year the company recorded an operational loss of zł.47,000, and a net loss of zł.363,000. (Parkiet, p. 3) A.F.