In Brief: Hals Fundusz Kapitalowy; Atlas in Russia; NOFF Records launch
Hals Fundusz Kapitalowy, the venture capital fund owned by Bank Gospodarki Z
ywnosciowej (BGZ), is preparing a second investment project aimed mainly at
small and medium-sized companies. The fund is preparing to spend zl.54 milli
on on the new venture, which will take off in the middle of next year, twice
as much as it did on the first project. (Puls Biznesu, p. 10) ... Constructi
on adhesives producer Atlas estimates that within a year of the opening of i
ts plant in Russia, it will sell 100.000 tons of its products on the Russian
market. The company does not rule out the possibility of entering the Far Ea
st market, possibly China. (Rzeczpospolita, p. B4) ... Sony Music Polska has
set up a new record company, NOFF Records, to promote non-mainstream rock ar
tists. According to Ewa Gajos, who is in charge of NOFF's development, the c
ompany would like the NOFF logo to be associated with all forms of alternati
ve music. (Gazeta Wyborcza, p. 20) P.J.