Pekabex wants to be back on WSE

Pekabex, a reinforced concrete prefabrication producer, is planning to move back to the Warsaw bourse, according to the information gathered by parkiet.com, the firm may hold the initial public offering (IPO) before the summer vacation. "We are considering launching the public offer and debuting on the Warsaw Stock Exchange, if the market conditions are favorable. The arrangements have entered the final stage," said Robert Jędrzejewski, the firm's CEO. The firm used to be listed before, but it withdrew from the stock exchange 10 years ago due to financial difficulties. In 2014, Pekabex recorded nearly PLN 330 million in revenue.