In Brief: Elektrim's Klaps; Tele-Fonika in Krakow; Seattle IT in Katowice
Elektrim-owned portal poland.com is extending its service portfolio to
include movie topics in addition to the introduction of enhanced search
engine capabilities. The movie service, to be called Klaps, will be a
center for premieres, DVD, and videos. (Puls Biznesu, p.14)... Tele-Fonika
is expected to merge with high-voltage cables producer Krakowska Fabryka
Kabli (KFK) in the first half of next year. KFK controls about 37%-39% of
the domestic market and needs about $50 million in investments, making the
tie-up appropriate, since Tele-Fonika has been in the black in recent
years. (Rzeczpospolita, p. B5)... Swedish construction firm NCC plans to
consolidate its presence on the Polish market by taking over smaller
companies. Having invested $70 million in the last two years, it plans to
allocate a similar sum in the next two years, hoping as well to raise its
stakes in PRINZ of Katowice, a signatory to a lucrative highway
construction deal. (Puls Biznesu, p. 3)... France Telecom and Kulczyk
Holding have named five representatives to the 16-man supervisory board of
Telekomunikacja Polska S.A. (TP SA). Jan Kulczyk, president of Kulczyk
Holding, has been nominated president of the supervisory board.
(Rzeczpospolita, Oct. 14-15, p. A1)...Seattle-based IT firm BOT, which set
up a software center in Katowice this September, plans to invest $10
million during its first year of operation in Poland. (Prawo i Gospodarka,
p 4).