In Brief: Vivendi to stick it out; DrKC invests in Radio Plus; Czestochowa plan

Representatives of Canal+ categorically denied rumors that Vivendi Universal, which holds a 75% stake in the company, is withdrawing from investments in Poland. Jean Louis Erneux, spokesperson for Canal+Group, a French subsidiary of Vivendi Universal, assured that the group will not withdraw from Nowa Cyfra+, which was formed from the merger of the Wizja TV and Cyfra+ digital platforms. (Rzeczpospolita, p. B1) ... Dresdner Kleinwort Capital (DrKC) has become a strategic investor in Polish Catholic broadcaster Radio Plus. The company declared a willingness to invest around $5 million in the development of the station. (Rzeczpospolita, p. A5) ... Steel plant Huta Czestochowa, which is owned by the State Treasury and which has recorded debts reaching zl. 1 billion, has submitted its plan for financial restructuring to the Economy Ministry. The management of the company is counting on support from the owner to secure a zl. 50 million loan. (Puls Biznesu, p. 11) A.K.