Famur mining machines producer hopes for PLN 100m

APA - Austria Presse Agentur
07-09-2005, 19:31

Warsaw (Puls Biznesu) – Famur group, the company producing mining machines and equipment, wants to raise around PLN 100m (EUR 25.5m) in its IPO. The IPO is planned for the first quarter of 2006. Funds are to be spent to finance the further development of the group, including acquisitions. Last year, the company had PLN 39.8m of net income.(PLN 1 = EUR 0.255)

Warsaw (Puls Biznesu) – Famur group, the company producing mining machines and equipment, wants to raise around PLN 100m (EUR 25.5m) in its IPO. The IPO is planned for the first quarter of 2006. Funds are to be spent to finance the further development of the group, including acquisitions. Last year, the company had PLN 39.8m of net income.(PLN 1 = EUR 0.255)

Poland/Enterprises/Metals and Mining

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Podpis: APA - Austria Presse Agentur

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