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The Warsaw Voice » Business » June 26, 2014
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PCC may float other units on WSE in 18-24 months
June 26, 2014   
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Chemicals group PCC, which recently introduced its unit PCC Rokita on the Warsaw Stock Exchange, may float other companies from the group within 18-24 months, once companies in question conclude investments and reach an adequate scale of activity, PCC group CEO Waldemar Preussner told reporters on Wednesday,

"We will surely want to float further companies from the group, but no earlier than in 18 months, two years," Preussner said. "This time is needed to conclude investments and prepare an organization for the status of a public company."

PCC Consumer Products Kosmet, a producer of domestic chemicals and cosmetics, could be the next to be floated on the WSE, Preussner said, adding that size and scale of operations would be decisive criteria for which firm to float.

PCC floated its unit PCC Rokita on the WSE on Wednesday. Other firms from the group on the WSE include chemical firm PCC Exol and logistics firm PCC Intermodal.
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