TFI PZU puts its 2006 assets target to zł.1.2 billion in 2006

"At the end of November we collected over zł.730 million. I believe that by the end of the year the number could amount to even zł.800 million," said Cezary Burzyński, TFI PZU president. The company wants to maintain this pace of growth next year, and to close 2006 with assets worth zł.1.2 billion. The company is thinking about expanding its offer with foreign funds, and wants to tighten its cooperation with its sister companies. "Closer cooperation with other firms from the PZU group, especially the life insurer, should result in higher assets. Apart from that, the fund will be provided once a month with a cash injection as part of the PPE program. Hence I believe the plans for 2006 are viable, although we should remember this branch is very dependent on the market situation," summed up Tomasz Publicewicz, deputy president at Analiza Online. (Puls Biznesu, p. 6) A.F.