Yes has ambitions but no plans to adorn the WSE

The firm, the main competitor of bourse-listed Kruk, currently has a network of 49 franchise outlets and wants to increase the number to 100 in 2009. The company only develops franchise outlets. "We take care of the management of the brand and the franchisees manage the outlets," stated Yes' president, Krzysztof Madelski, who added that Yes does not plan to debut on the bourse. The company imports most of the jewelry it sells. "The largest Polish producers relocated their production to the East. We do not want to increase the production in Poland either," Madelski said. The company exports 15% of its production to Belgium, Sweden and the Netherlands. "Currently export is difficult since products from the Far East are simply cheaper," revealed Madelski. Yes plans to generate revenues of zl.82 million this year and to post a net profit of zl.2.7 million. (Puls Biznesu, p. 9) E.B.