PS Trade Trans plans to launch an IPO at the Warsaw Stock Exchange by 2015

PS Trade Trans, the Polish railway and logistics transport, mostly owned by PKP Cargo, plans to launch an IPO at the Warsaw Stock Exchange by 2015, reported Puls Biznesu, quoting Zbigniew Janicki, president of the PS Trade Trans.

There is no fixed date yet for the procedure initiation, since PS Trade Trans is waiting for the privatisation of PKP Cargo.

In 2015, PS Trade Trans expects a turnover exceeding PLN 1 Billion (EUR 241 Million). In 2011, the company had a profit of PLN 10.5 Million (EUR 2.5 Million) and it expects to double it by 2015.

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