Polish ADB to enter bourse, but not the Warsaw Stock Exchange

ADB, a producer and supplier of digital equipment and technology which is rather known abroad than in Poland, plans to enter a foreign bourse at the end of 2004 in order to expand on new markets. "We have been growing organically, but now we need fresh capital to compete with global players," said Janusz Szajna, ADB's president and co-owner. ADB consists of four companies with one subsidiary located in Zielona Góra which is responsible for design work. "It will most likely be one of the strong European capital markets, as we want to acquire both a financial and sector investor," said Szajna. The money would be spent on entering the American and Chinese markets, as the firm is already present in, among others, Italy, Australia, Switzerland and Spain. The main owner of the company, with annual sales of $200 million in 2003, is Andrzej Rybicki living in Taiwan. (Puls Biznesu, p. 11) M.M.