Swissmed partners with developer Hochtief Polska

However, with new issue shares to cost zł.1 per unit, Swissmed's plan to invest in new hospitals in large cities seem somewhat ambitious. "In Gdańsk we are approaching a critical point of 200,000 patients a year. We have to open new hospitals since it will allow us to increase revenues," said Swissmed president Roman Walasiński. "This will be achieved via conclusion of contracts with insurance companies which prefer to cooperate with medical networks." The company will be cooperating with property developer Hochtief Polska to carry out construction of three hospitals. "We want Swissmed to be associated with a medical company but the land for the construction of the hospitals will be in half owned by Swissmed and half by Hochtief Polska," said Walasiński. "We have two interesting locations. We can buy them by the end of the year in order to start the construction at the beginning of next year." (Puls Biznesu, p. 12) E.B.