Transition Technologies to enter WSE next year

As Transition Technologies plans to increase its revenue this year to PLN 150 million from PLN 90 million recorded last year, the IT company may debut on the Warsaw bourse next year. "We want to develop dynamically and the presence on the stock exchange is a vehicle for growth. It would give us the potential to build a model of acquisition and we are ... looking at the market in Poland as well as in the US. ... Technically, we are prepared to enter the WSE. If we decide for this move, it will be in 2016," said Kondrad Świrski, the firm's CEO. Transition Technologies is based in Warsaw, it was founded in 1991. It has branches in a few Polish cities, in 2007 it opened an office in the US.