Lux Med gets a healthy capital injection from its owners

The funds will be spent on opening two clinics in Warsaw and one in Katowice, as well as on the modernization of the company's IT system. The investors decided to carry out the transaction due to the Lux Med's excellent results. "In subscription services, revenues will increase by over 30% in 2005. In total, jointly with a few acquired companies from the medical sector, revenues will stand at zl.109 million, while in 2004 the figure was zl.58 million," said Marcin Halicki, president of Lux Med. He admitted that his company was in talks concerning the acquisition of another competitor, but this is not Falck. "Such negotiations are conducted by all largest players, but not among each other - rather with smaller entities. Negotiations were commenced after 18 months of silence, but there is no guarantee that this time they will end with a transaction," said Halicki. (Puls Biznesu, pp. 1, 11) M.M.