Stock market debut of ABS imminent

2007-06-14

Asseco Business Solutions (ABS), a company from the Asseco Poland group, is to enter the Warsaw Stock Exchange (GPW) this autumn. The possible date of the stock market debut is 20 September. The IPO is to bring in around PLN 70m (€18.2m) and the funds are to be used chiefly for acquisitions.
According to the company’s representatives, ABS is to buy only domestic companies, while the foreign expansion will be carried out by the parent company. The firm is going to acquire companies whose offer would complement that of ABS.
Asseco Business Solutions has not yet revealed its forecast for 2007, but its representatives claim that revenues of PLN 100m (€26m) and net profit of around PLN 13m (€3.4m) should be feasible.
ABS was created as a result of the merger of Safo, Softlab, WA-PRO and Incenti and is one of the leaders in the Polish market of ERP systems.

Browse and search in our archive »

Subscribe to PMR RSS NEWS channels »

Free e-letters

Enter your e-mail
to get free newsletters:
CEE IT & Telecoms Headlines:

PMR publications >> IT and telecoms

PMR Portals

General Economy
Polish market
Business portal for Central and Eastern Europe
Business portal for China

Construction
Poland construction
Rynek budowlany
Russia construction
Ukraine construction
Construction Central and Eastern Europe

Pharma
Polish pharmaceutical industry
Central European pharmaceutical market

Retail/FMCG
Poland retail and FMCG
Russia retail and FMCG
Retail market in Central and Eastern Europe

IT & Telecoms
IT & Telecoms Russia
IT & Telecommunications in CEE

PMR Publications

By sector
Construction
Retail/FMCG
IT & Telecommunications
Pharmaceutical

By country
Central & Eastern Europe
Asia
China
India
Poland
Romania
Russia
Ukraine
Turkey

PMR Research

Consumer market research
B2B market research
Healthcare market research
Quantitative research
Qualitative research
Desk research
Central location / hall test

Fieldwork
Where we operate
Types of research conducted

Our Brands
PMR Brand Image Insight
PMR Medical Panel
PMR MarketInsight

PMR Consulting

Market entry feasibility study
Competitive Intelligence Services
Sourcing
Acquisition - Joint Venture
Distributor - agent search
Quick consulting services
Other business services or support

Our experience
Chemical
Consumer goods
FMCG
Industrial goods
Pharmaceuticals
Retail

About us Contact us Privacy Policy

Copyright © 2012 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.