Agora to invest PLN 100 million in 2015

Polish media company Agora is set to invest as much as PLN 100 million this year, mainly in bus and tram shelters, as well as in the openings of four new cinemas. Apart from that, Agora has some PLN 135 million of external financing, including a credit line worth PLN 100 million, which expires in the middle of the year, however, it might be prolonged. Agora also informed that consolidated net profits amounted to PLN 8.2 million in Q4 2014, versus PLN 10.4 million in the previous year. Agora Group is the owner of the Gazeta Wyborcza daily, Helios cinemas and 29 radio stations including TOK FM, Rock Radio and Radio Złote Przeboje.