Śrubex's debut sees its shares rise 10% and aims at becoming a global player

"I would like to see "six" next to our quotation, but I realize that building value will take some time," said Wojciech Fedko, president of Śrubex. The company will achieve this goal by carrying out a consistent strategy based on three pillars - concluding restructuring, investing in modern technologies and expanding the scale of operations so that it becomes a global player. The company directors have the full support of the largest investors, which are now financial institutions. The firm forecasts that its net profit will reach zł.11.5-12.5 million in 2005, which should be indirectly influenced by the planned acquisition of two firms which have a joint annual turnover of zł.10 million. (Puls Biznesu, p. 5; Parkiet, p. 4) M.M.