Poland Car Parking plans to double parking spaces

Parking space maintenance company Poland Car Parking (PCP) aims to increase their number of serviced spaces from 10,000 to 20,000 by the end of 2003. The company has just signed an agreement with the Westin Hotel, but would not reveal its value. "At present we are negotiating a number of other large contracts and will not only manage existing parking lots but also advise on their construction," said PCP president Marek Gonicki. The company provides its services mainly to institutional clients. "We take all the burden on ourselves, from maintaining the parking area, securing it and selling parking spaces," added Gonicki. The company had revenues of zl. 5.7 million last year and hopes to increase the figure to zl. 8 million this year. "We have a few ideas on how to manage parking spaces in towns, so we might consider investing in the sector in the future," explained Gonicki. (Puls Biznesu, p. 10) M.M.