Skip to content
Advertisement

Business

In Brief: BB Investment; TPSA loan to WP; Retail trade consolidation

Grzegorz Molewski, the founder and the main shareholder of the channel, confirmed his earlier plans to record operation profits after a year of running the company. (Rzeczpospolita, p. B4) ... On Thursday, TPSA granted a loan to Internet portal Wirtualna Polska (WP), which allows the company to stay afloat. Minority shareholders in WP demand the execution of the buy option from TP Internet, [which controls a stake of 80% in WP], for their shares for a sum of around zł. 230 million. (Rzeczpospolita, p. B4) ... According to a report by PricewaterhouseCoopers the retail trade sector will soon undergo consolidation and competing hypermarkets will begin to cooperate in securing suppliers with lower prices. (Gazeta Wyborcza, p. 25) A.K.

More from Business All