Shareholders in Eletrim decided this week to allow the company to merge with the company Darimaks in order to make possible a return to the Warsaw stock exchange. “That could take place next year,” says Eletrim chairman Wojciech Piskorz.
As Eletrim’s public offering draws closer, a restructuring of the company is being carried out. Companies it runs that are not involved with operations will be liquidated, and a prospectus for the public offering is being prepared. The board estimates the merger could bring Eletrim PLN 3.3bn in profits, after the company posted a loss of PLN 3.9m just last year.
