WARSAW Dec 4 Polish delivery company Siodemka
plans a flotation on the Warsaw Stock Exchange, two sources
familiar with the matter said on Wednesday, joining a wave of
stock market listings seen in recent weeks.
Siodemka, owned by private equity fund Abris Capital
Partners, is one of Poland's biggest delivery firms, competing
with such global players as DHL, UPS and Fedex
as well as locally based Pocztex.
Last year the company reported a net profit of 15.5 million
zlotys ($5 million) on sales of 305 million.
Siodemka declined to comment while no-one at Abris was
The Warsaw bourse is seeing a stream of new
listings, with 18 companies having already debuted in central
Europe's largest equity market this year.
Goods carrier PKP Cargo has been the biggest
initial public offering (IPO) so far in 2013, but the planned
flotation of state-owned utility Energa will go top as the
largest Warsaw IPO in over two years.
($1 = 3.0926 Polish zlotys)
(Reporting by Agnieszka Barteczko and Pawel Bernat; Editing by