Nothing soft in these results
It seems that the year was a turning point in Softbank's history. Revenues came to zł.488 million and operational profit was zł.46 million. Much of this came from fourth-quarter operations, where revenues and profit were zł.228 million and zl.20 million respectively.
One of the company's most significant steps was investing in COMP Rzeszów. In October, Softbank bought the stock in the company at zł.94 per share. The firm has 605,000 shares in the company and 17.54 percent of its share capital. "We want to boost our shares in COMP Rzeszów by the end of the third quarter this year. It is important to reach the magical point of 20 percent," said Krzysztof Korba, president of the management board.
Softbank was also behind one of the biggest projects in public administration in recent years-the Central Registry of Vehicles and Drivers. "We are at the peak of the implementation process," said Korba.
"By 2006 we want to become the number one [provider of IT solutions] in the banking sector," he said. Indeed, banking is the second focus of the company, after the administration sector. In 2004 banking accounted for 60.5 percent of Softbank's sales structure and administration took up 31.5 percent.
One of the company's most significant steps was investing in COMP Rzeszów. In October, Softbank bought the stock in the company at zł.94 per share. The firm has 605,000 shares in the company and 17.54 percent of its share capital. "We want to boost our shares in COMP Rzeszów by the end of the third quarter this year. It is important to reach the magical point of 20 percent," said Krzysztof Korba, president of the management board.
Softbank was also behind one of the biggest projects in public administration in recent years-the Central Registry of Vehicles and Drivers. "We are at the peak of the implementation process," said Korba.
"By 2006 we want to become the number one [provider of IT solutions] in the banking sector," he said. Indeed, banking is the second focus of the company, after the administration sector. In 2004 banking accounted for 60.5 percent of Softbank's sales structure and administration took up 31.5 percent.
