Neonet expects to double its market share following July

The funds will be designated for investments and development of the company. "We will earmark zł.14 million for the development of our distribution network, while zł.20 million for acquisitions. We intend to take over at least two sector competitors. I believe that despite the holiday period, our offer will be interesting for investors. We operate on a prospective market, we have a strong position and development strategy which will allow us to develop further," said Marek Majewski, president and main shareholder of the company. The firm is developing its network in towns and cities of below 200,000 inhabitants. In 2004 the Neonet group posted a profit of over zł.9 million on revenues of zł.490 million. Thanks to the investments, the company intends to increase market share from 8% to 15%. (Puls Biznesu, p. 10) M.M.