Spin hopes to generate investment funds with floatation

It hopes to raise zł.50-70 million from the floor, which would be spent on acquisitions and development. "In this way we intend to prepare for large projects, which are about to appear in the energy sector," said deputy president of Spin Michał Górski. Spin is a subsidiary of Gdynia-based Prokom, which specializes in advanced technologies for the telecommunication, health and energy sectors. "Spin is to become a leader in terms of billing solutions for the energy sector over the next two years," said Górski. Analysts remain divided over whether the new share issue would be successfully placed on the market, as investors associate the firm with Prokom, which recently presented disappointing results. (Puls Biznesu, pp. 1, 10-11) M.M.