PPL looks to bourse to reverse flagging fortunes

Recently the company drafted a long-term development plan to take through to 2020, which will be delivered to the Transport Minister Jerzy Polaczek shortly. "The proposed strategy is to justify direction of transformations. Changes will be initiated with the process of commercialization of the enterprise," said Pawel Latacz, managing director of PPL. "According to analysis, it should be concluded at the end of the year. To make it happen, a decision would have to be made in H1." To transform the firm into joint-stock company laws need to be amended. PPL will focus on becoming an integrator in the airport market both in Poland and abroad. It will also kick-start projects concerning the construction of hotels close to airports. (Puls Biznesu, pp. 1, 8-9) M.M.