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CR set for software shopping spree

2005-10-10 10:42
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2005-10-10 10:42
The firm plans to acquire 96 percent in one of the companies and 70 percent in the other. The total income of both companies planned for this year is zł.28 million with the net profit at zł.4.5 million. Comp Rzeszów management estimates that the acquisitions could result in a sevenfold growth in revenues from the sale of software to the SME sector. Comp Rzeszów intends to finance the purchase through the issue of 400,000 C-series shares, which will bring the company some zł.45 million. The firm will also spend its own capital and loans.

The capital group of Comp Rzeszów and Slovakian Asset Soft also wants to take two Slovak companies under its wing. The planned revenue of the two for this year will reach zł.45 million and net profit approximately zł.4.3 million. Comp Rzeszów wants to spend zł.21.5 million on this deal.

Next year, Comp Rzeszów will continue its expansion in Poland's southern neighbors. New acquisitions will be financed by the issue of Asset Soft shares, which is to debut on the WSE at the beginning of 2006. It is forecast that the capital group will achieve a profit of zł.20-23 million and income of zł.200-220 million. Góral confirmed that the forecasts could be exceeded.

Agnieszka Barteczko



Comp Rzeszów wants to capitalize on its prowess in the banking sector and buy its way into the top flight of the business systems software sector. The company has its eye on two Polish companies and is willing to part with zł.42.4 million. "We will execute the acquisition of two companies offering their own software for the small and medium business [SME] sector," said Adam Góral, the president of Comp Rzeszów.
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Najtańsze konta firmowe z premią za korzystanie
Najtańsze konta firmowe z premią za korzystanie

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