Uniserv-Piecbud IPO prospectus approved

Financial Supervision Authority (KNF) approved the issue prospectus of the industrial engineering firm Uniserv-Piecbud. “The success of the bond issue in April confirms our belief that we are moving in the right direction and that we are an attractive proposition for investors. We have implemented over 25 major projects in 2016 and our revenues have grown to nearly PLN 120 million. We want to take advantage of the good business climate and the investments planned for the coming years, and the acquisition of funds will accelerate our business development,” company's CEO Artur Nizioł said in a market filing. The details of the IPO will be published on Tuesday.