Wratislavia-Bio plans IPO

Wratislavia-Bio, a producer of fuel bio-components, may debut on the Warsaw Stock Exchange in January 2015, its CEO Grzegorz Ślak told Puls Biznesu. The company is about to finish work on its issue prospectus. It plans to raise PLN 100 million by offering a new issue that will stand for 20 percent of the firm’s equity. The proceeds from the IPO will be spent on the construction of a stearate production unit, which is scheduled to be launched in 2016.