In Brief: W. Kruk on the WSE; Innova's euro 110 million; TVP3's March launch

Venture capital fund manager Enterprise Investors is planning to launch another company on the Warsaw Stock Exchange (WSE). Poznan-based W. Kruk, which is a jewelry producer and owner of Deni Cler clothes stores, is hoping to gain up to zl.20 million over two years from a share issue. (Parkiet, p. 3) ... Innova Capital (IC) has completed the second stage of generating euro 110 million for its new Innova/3 fund. Over the next eight months Innova is planning to raise an additional euro 40 million for the fund, half of which will be invested in Poland, mostly in the media and Internet sector. (Gazeta Wyborcza, p. 31; Puls Biznesu, p. 5) ... TVP has announced that its third channel will begin broadcasting on March 3. TVP3, a news-oriented channel targeted at younger viewers, will replace the company's regional channels, which suffer from low ratings and generate little advertising revenue. (Gazeta Wyborcza, p. 26) M.T.K.