Orbis ventures deeper into transport with purchase of Pekaes Bus

Publically listed hotel industry giant Orbis has just announced plans to buy Pekaes Bus, one of the major coach carriers. This news came as a surprise after the previous announcement in which Orbis said it would focus on hotel sector. "We want to reinforce our position on that market. Our company, Orbis Transport, has had very good results and we want to develop it," said Maciej Grelowski, president of Orbis. Pekaes Bus, as a part of Pekaes group, had revenues of zl. 24 million in 2002. (Puls Biznesu, p. 5) P.W.