Broker FM likely to compete with Radio Zet in takeover bids

"We are thinking of broadly defined co-operation ranging from advertising packages to possible takeovers," said Marek Dworak, deputy president of Broker FM. The company has allocated up to zł.40 million to this end and so has Radio Zet, Broker's main competitor. Broker FM is especially interested in acquiring radio stations belonging to Agora and possibly those belonging to CR Media. With last year's net profit of zł.19.7 million (60% more than in 2004), Broker FM is ready to buy a radio station for up to four times its income. (Puls Biznesu, p. 11) M.K.