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Notus is looking for investor

opublikowano: 02-11-2007, 12:34

Warsaw (Puls Biznesu) – Credit broker Notus is  looking for an investor. Unless it is satisfied with the offer, it will be  listed.

There are five companies interested to buy two thirds of Notus shares. The company, Poland’s third biggest credit broker, will soon reject two of them. It has high demands.

“We don’t want to lose independence. We are not going to become a platform for a bank or financial group. We still want to be a broker for many institutions”, Pawel Adamiak, Notus member of the board said.

The company wants to retain its business model. It wants something else from the investor.

“Know-how in marketing. Supporting our analysis unit, trainings and more funds for investment aimed at developing our network”, Pawel Adamiak enumerated.

The company estimates that it needs PLN 50m (EUR 13.7m).

Till the end of next year, it wants to increase the number of outlets from 17 to 49. The number of employers is supposed to grow from 190,000 to 350,000.

Notus will choose investor at the end of this and beginning of next year. It may, however, decide to be listed on the Warsaw Stock Exchange as an emergency solution.

(PLN 1 = EUR 0.275)

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