Teta's star rising as shares hit record highs

"Nothing concrete has happened. I think the investors appreciate our development strategy and improving results," said Teta president, Jerzy Krawczyk. The company's plans are quite ambitious, with representatives currently in advanced stages of acquisition negotiations. Teta is eying off companies with similar operational profiles, namely those who offer software for enterprise management optimization. Revenues from these potential takeovers are estimated at well over zl.10 million and would give Teta a 30-40% increase in profits. After three quarters of this year the company's net profit amounted to zl.3.3 million, by the end of the year this should increase to zl.6.4 million. A rise of over 42% compared to 2005. (Puls Biznesu, p.11) A.K.