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New Getin investor to back entry into new financial markets

Getin's supervisory board has given the green light to plans to restructuring the company and extend its scope of activities. The objectives include investing in the financial sector and to find a buyer or investor for its electronic trade platform (Getin.pl). If Getin does not find a buyer, it would simply stop running the platform. Recently, the majority of Getin shares were acquired by the former president of Credit Agricole Polska Leszek Czarnecki, who promised it would help Getin enter the venture capital market, set up a bank in Russia and support restructuring the health sector in Poland. For now it is only sure that Czarnecki would rather not continue running the platform, as last year Getin made zl. 5.5 million operational loss on revenues of zl. 3.6 million. (Parkiet, p. 4) M.M.

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