Will Karkosik become Poland's wealthiest man?

Capitalization of the newly created entity will exceed zl.4.2 billion. "Mr Karkosik is the second wealthiest man in the country. We will help him become the wealthiest," said Adam Chelchowski, president of Impexmetal and Boryszew. The strategy, which aims at boosting the companies' value is simple, it encompasses consolidation, investments and restructuring. The management board envisages that group's net profit will amount to zl.290-310 million in 2007, while a year later the figure will increase to zl.380-420 million. "We project that as of the beginning of next year, Boryszew and Impexmetal will operate as a single body. Such results are to be achieved under the condition of carrying out de-investments. Our objectives do not take into account carrying out investments plans," said Chelchowski. (Puls Biznesu, pp. 1, 10) M.M.