Wola Info may find non-bourse way to raise capital

At first the company planned to debut on the bourse by the end of 2004 but now a more realistic date would be mid-2005. However, Wola Info is also considering collecting capital from financial investors. The company's president, Piotr Majcherkiewicz, explained that the bourse is not always the best route for smaller companies: "There are opinions that in the future only the largest companies will be present on the Warsaw Stock Exchange (GPW). That is why it is worth considering a financial investor." Wola Info is in need of additional capital in order to develop, take over smaller niche companies and to enhance its financial potential, all essential in allowing it to carry out larger projects. The firm's 2003 income was zł.132 million with a net profit of zł.3.46 million. (Puls Biznesu, p. 13) D.W.