Intertop, the largest shoe retail player in Ukraine, may sell part of its shares on the stock exchange.
The Intertop company is considering the placement of shares on the stock exchange. This was announced at the IPO Summit of Central and Eastern Europe (CEE IPO Summit), which was held in Warsaw, said I. Banatov, Executive Director of the MTI Group of Companies (owns the Intertop chain of stores).
“This is one of the alternative channels for raising capital that we are considering. But this is not the prospect of this year, this is the 2012-2013 years, ”he said during the presentation of Intertop on the Warsaw Stock Exchange.
At the same time, I. Banatov noted that the company currently has enough resources for development. He added that the company does not plan to establish its own production of shoes: “Sale and production of products is a completely different business. We do not plan to build our own shoe factories. ”
MTI Group of Companies is one of the largest players in the information technology market of Ukraine and owns multi-brand and single-brand shoe and clothing stores (Intertop, Plato, Ecco, etc.).
Since the 1993 of the year, the Intertop chain of shoe stores founded by the company has been operating in Ukraine. About this writes the Ukrainian Internet newspaper "Delo".
The shoe network "MTI" has in Ukraine 146 stores with a total sales area of 40,165 thousand square meters. m and in Kazakhstan - 16 (2,884 thousand sq. m).