WARSAW, June 11 Poland-based PZU,
Eastern Europe's biggest insurer, wants to invest up to 200
million zlotys ($66 million) over the next two to three years to
build a network of up to 550 medical centres, a PZU manager was
quoted as saying in a newspaper report on Wednesday.
The state-controlled firm plans to strengthen its product
offer by also providing healthcare services and is tipped as a
potential buyer of medical units owned by other state-owned
Last month, PZU bought a medical business from oil company
PKN Orlen for 48 million zlotys and is now expected to
bid for similar businesses owned by utility Tauron and
copper miner KGHM.
"We are holding talks with several companies," PZU manager
Rafal Grodzicki told the Puls Biznesu newspaper. "Probably we'll
buy one or two medical centres this year."
The group plans to have a 20-percent share of the local
market for health insurance policies and medical service fees,
estimated by PZU to be worth about 2.5 billion zlotys annually
within the next two to three years.
($1=3.0341 Polish zlotys)
(Reporting by Adrian Krajewski; Editing by Greg Mahlich)