To reach income. With sweat, blond and tears.

opublikowano: 2007-08-29 10:47

Warsaw (Puls Biznesu) - Tomorrow NewConnect is being launched, the market for investors with extremely strong nerves.

The management of the Warsaw Stock Exchange expects that 15 companies will be listed on NewConnect through the end of this year. Nine months ago, Ludwik Sobolweski, CEO of the WSE, said that a new market for young, dynamic companies would be founded. He kept his promises. A new era of extraordinary incomes and losses with extraordinary risk starts for investors. To cut things short: a market for strong men.
 
The first five companies to be listed on NewConnect include: Wroclawski Dom Maklerski brokerage, S4E, Digital Avenue, ViaGuara and Virtual Vision. The number of companies listed here may grow fast. Analysts estimate that up to 2,000 firms will debut on NewConnect. The new market is supposed to fill in the gap of access to capital for companies whose main assets are vision and business plan. However, not only start-ups like Virtual Vision will debut on NewConnect but also companies with some achievements or strong market position like Mera Schody. They face a chance to get capital for development quickly and cheaply thanks to simplified procedures and the so called private issue directed to chosen investors. This will increase the growth of small and mid-sized companies. In addition, small companies will get experience necessary to be listed on the Warsaw Stock Exchange in the future.
 
On the other hand, there is a lot of hot capital looking for investment opportunities. Absolut East West Master Fund has already invested in several companies debuting on NewConnect, including WDM, MW Trade and Mera Schody.