Teta's time

Its major shareholder is Enterprise Investors (EI), with a 54% stake, and the public offer will comprise new shares as well as those of EI. "At this point it is not clear yet whether EI will sell its entire stake or only a part of it," said Teta's president, Jacek Krawczyk. The sale will go towards financing Teta's zł.15 million investment project. Teta generated a 2004 net profit of zł.3.4 million on sales of zł.33.3 million.