Supermarket chain considers cashing-in with Warsaw exchange debut

Proceeds from the flotation would be spent on expanding the network in the Mazowsze region. "We are preparing the firm to enter the Warsaw Stock Exchange. We will soon transform it into joint stock company," said co-owner and deputy president of Bemapol, Marek Kwiatkowski. Its management board is considering three options: floating Bemapol shares, debut following merger with another firm of the same profile, or selling the company through the bourse as part of Warszawska Grupa Supermarketów, one shareholder of which is Bemapol. The final decision concerning the debut would be made within 3 to 4 months. "To make the offer successful, companies need to consolidate: standardize their offer, prices and image," said IDM analyst Remigiusz Sopel. "Soon all stores being a part of WGS will operate under one name of Top Market," added Kwiatkowski. (Puls Biznesu, pp. 1, 7) M.M.