Lokum Deweloper plans IPO in H2 2015

Wrocław-based residential property development firm Lokum Deweloper would like to debut on the main market of the Warsaw Stock Exchange in the second half of 2015, the company’s CEO Bartosz Kuźniar was quoted as saying by ISBnews. “We have started preparing for a debut on the main market of the Warsaw bourse,” Kuźniar said, adding the the company would issue shares in the process. Lokum Deweloper expects its sales figures to increase in 2015. The company will continue to focus on the Wrocław market, but is considering launching investments in Kraków too.