In Brief: Grupa Onet; WP's problems continue; Hoop's 2003 results

Last year it lost zł.14 million, yet the company remains optimistic that it will recover due to continued operational and cost optimization. (Puls Biznesu, p. 11) ... The general shareholders meeting of Internet portal Wirtualna Polska failed to raise the capital of the company by zł.10 million. The meeting has been postponed until March 16. The delay is due to TP Internet, which is reluctant to make any definite moves before reaching an agreement with minority shareholders, who demand that TPI purchase their stocks for zł.230 million. (Puls Biznesu, p. 11) ... Hoop plans to open assembly lines in St. Petersburg which annually will be capable of bottling mineral water and beverages worth several million U.S. dollars. The company has also disclosed its somewhat disappointing 2003 results. The consolidated revenues reached zł.353.7 million, a 7% increase, and net profits of just zł.5 million, three times less than in 2002. (Rzeczpospolita, p. B5; Parkiet, p. 5) M.K.