Rubicon Partners ends ints investment activity

Rubicon Partners, a Polish consulting and investing company, decided to withdraw from the investing activities. "Till the end of the year we want to sell our shares and instruments, which value is estimated at about PLN 35 million. There are numerous reasons for this decision. Firstly, Rubicon investing activity was mostly financed by debt, which had a high interest. Such factor afected negatively the results. The return was to small to cover the debt, which in 2012 went over PLN 90 million. Today it is only PLN 17 milion high and we hope that we can finally pay it off." says Grzegorz Golec from the management board of Rubicon Partners. The abandoning of the investing policy can help Rubicon break even, but probably in the next year. This year result is with great probability predicted to be a loss.