Prokom invests big in Swissmed

Prokom bought shares constituting 5.88% of Swissmed's capital from Bruno Hangartner. Swissmed president Roman Walasinski said that Prokom focuses on investments in companies that develop quickly in the new technology sector, and apparently, Swissmed seemed to be attractive. Recently the general assembly of Swissmed accepted an issue of 13.9 million of shares as the company wants to raise several million zloty for the construction of new branches. In Q1 the company had a zl. 2.5 million loss at zl.8 million revenues, however, Walasinski has announced that Swissmed will start posting profits at the beginning of 2007. He estimates that in the course of next five years the company should exceed zl.100 million of annual profits. (Puls Biznesu p. 12) M.M.