Showing who's boss

Dom Maklerski Bank Ochrony Środowiska (DM BOŚ) ended 2006 with positive results. The brokerage house's net profit leaped by 109 percent to zł.15.9 billion and revenues rose by 57 percent to zł.71.5 billion.

"This was a record-breaking year for us. We achieved the highest results in the shares, bonds and futures markets," said Radosław Olszewski, president of DM BOŚ. In 2006 DM BOŚ' turnover on the share market was zł.10.8 billion, 2.5 times greater than in 2005. The company's turnover on the bonds market rose tenfold compared to the previous year, and regarding futures, DM BOŚ now owns 2,354,914 items - more than 18 percent of the Warsaw Stock Exchange's turnover on the futures market. "We have been the leader on this market for four years. Our aim is to maintain our position," said Olszewski.

Aside from maintaining its position as leader, DM BOŚ intends to increase its activity on the IPO market and introduce at least eight companies worth a total of zł.10-30 million onto the WSE.

Moreover, the firm wants to increase the number of clients using its Asset Management service as well those with internet accounts. DM BOŚ also plans to further develop its infrastructure, which includes improving its online investment website, offering new internet services, and opening new outlets.