8/08/2006

Poland's IT company Prokom launches R&D centre, ongoing group merger speculation

Polish IT company Prokom said it is launching an R&D centre to service the whole group, partly funded by the EU.

News agency Puls Biznesu reported that the company may be interested in acquiring an R&D company for the centre.

Dariusz Gorka, Prokom deputy CEO said: 'We are planning to found such a centre, it has not been decided yet where it will be located. We need the centre in order to be able to absorb EU funds and increase tax effectiveness.

'We spend several dozen million zlotys annually for R&D', he added but refused to reveal any further details.

The deputy CEO also said he did not want to comment on mergers planned within the group.

According to unofficial sources, on August 9, the new Prokom unit formed by the merger of Softbank with Asseco, will reveal its new strategy.

Talks are also ongoing on the merger of ABG Ster-Projekt and Spin. Details will be published at the end of this month.

A merger of the new, bigger Asseco, and the company founded from the merger of ABG and Spin, is also being considered.

This merger would build the biggest IT company in Central and Eastern Europe.

'It is logical and may be considered. There are no talks concerning such plans for the time being. Both mergers will end next year. Then, we'll think what to do next', said an unnamed Prokom manager to Puls Biznesu.
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