Softbank rises to meet the demands of its shareholders
"We believe that this result is within our reach," said Piotr Jeleński, Softbank management board member. President of the company, Krzysztof Korba, said that the shareholders demand that the firm grows faster than the market and this cannot be carried out in an organic way. "We are in take over negotiations with several entities. Potential transactions will be possible, but these will be in 2006 at earliest and it will not be financed from our share issue," explained Korba. These acquisitions should be financed from own funds or debenture securities. Softbank's portfolio of orders for 2005 already is at the level of zł.282 million, while for the period 2005-2009 it is estimated at over zł.1 billion. The Integrator is trying to acquire more contracts, especially in the field of providing risk management software to financial institutions. (Parkiet, p. 4) M.M.