In Brief: EBRD & Sokolow; Vision Express forecast; Magicbox's WebTVs
The European Bank for Reconstruction and Development (EBRD) has acquired 3
million shares in leading Polish meat processor Sokolow from Swedish
strategic investor Lantbrukarnas Ekonomi. The EBRD now controls 11% of
Sokolow's total share capital. (Gazeta Wyborcza, p. 30) ... The largest
network of opticians in Poland, Vision Express, is predicting a profit in
2002 after making a loss last year of zl.11.1 million. The improved
performance has been made possible by a zl.24 million capital injection from
the company's new owner, Pearle Europe BV of the Netherlands.
(Rzeczpospolita, p. B4) ... Multinational Magicbox plans to launch WebTVs,
television sets that can be used for Internet browsing, in Poland. The
company plans sales of 60,000 in 2002 and 150,000 in 2003. (Puls Biznesu, p.
8) A.K.
