Market has faith in Czarnecki's success

The IPO, one of the largest this year on the WSE at an estimated zł.800 million, is scheduled for the last June session. Although LC Corp was established only last year, it already has a sizeable portfolio of major projects, including SkyTower, an apartment building in downtown Wrocław. More importantly perhaps from the point of view of investors and analysts, LC Corp is another in a string of business ventures from Czarnecki, which have all enjoyed resounding success. Czarnecki earned his name by building Europejski Fundusz Leasingowy, Poland's number one leasing company, from scratch. He sold the company at a huge profit to Credit Agricole and went on to create Getin Holding and Noble Bank. Will LC Corp be a similar success? If internet message boards and analyst speculation is anything to go by - it most certainly will. (Gazeta Wyborcza p. 28; Parkiet, p. 4: Puls Biznesu, p. 14) R.M.