Information Technology
CSS announces fourth acquisition
Warsaw-based IT outsourcing company Computer Service Support has agreed to pay 1.3 million zloty for Qumak-Sekom Gdańsk, a regional computer company, strengthening its presence in north-central Poland and adding up to 14 million zloty to this year's sales. CSS, which is controlled by mutual and pension funds is looking at other potential targets in Poland and elsewhere in Central Europe, chief executive Andrzej Woźniakowski told PARKIET yesterday. Because of recent acquisitions CSS may not be paying dividends this year, Woźniakowski said.
Telecommunications
MNI climbs after meeting target
Shares of MNI SA, a publicly traded telecommunications firm and multimedia content provider that until recently went by the name Szeptel SA, rose 2.76 percent to close at 4.09 zloty yesterday after a string of positive reports, including news it has met last year's earnings expectations. MNI, which offers premium-rate short text message entertainment services, as well as local phone services in Łomża region in north-eastern Poland, reported preliminary earnings of 5 million zloty versus 2003 loss of PLN 4.4 million. Sales nearly doubled to 35 million zloty. It also said its shareholders wrote off more than 4 million zloty in outstanding debts purchased earlier from other creditors and announced a new deal to provide telecommunications services to PLL LOT, Poland's national air carrier.
