In Brief: Grupa Avans; LG Electronics: Kanoco to buy 46% in Eurozet

Grupa Avans, an operator of over 600 white goods and Hi-Fi equipment stores, announced plans to open an Internet based outlet by the end of September. This will be the first domestic online sales project commenced by a large retail network and it outpaces giants such as Media Markt, RTV Euro AGD, and Mars. (Puls Biznesu, p. 9) ... LG Electronics plan to launch one of the most modern production facilities of plasma screens in Poland. The announcement was made by company president Woo Nam during the current visit of Foreign Minister Włodzimierz Cimoszewicz to South Korea. (Rzeczpospolita, p. B2) ... The inheritors of Andrzej Woyciechowski, the founder of Radio Zet will sell 46% of shares in radio owner Eurozet to Kanoco, which is controlled by the French Lagardere and the Advent International fund. (Parkiet, p. 4) A.K.