Infovide's 2002 revenue result is just what it needs to attract an investor

The revenues of the biggest domestic telecommunication advisory company, Infovide, have increased by 8% to about zl. 50 million in 2002. Company president Borys Stokalski still plans to float the entity on the WSE. Infovide is still searching for a financial investor willing to take m inority stake of roughly zl. 10 million. "The main reason for the delay in introducing the investor is the low evaluation of IT companies. However, we should complete the operation in the first half of 2003," said Stokalski. According to the plan, the company should be floated two-three years after signing an agreement with a financial investor. (Parkiet, p. 5) M.M. Polish Post believes its new Wroclaw sorting office will improve client services Polish Post (PP) plans to invest zl. 160-200 million in building a new sorting office in Wroclaw by 2004 which will employ around 600 staff. Construction will be launched in the fourth quarter of 2003. In the meantime PP is engaged in similar projects in Gdansk, Katowice, Bydgoszcz and Poznan. The new Wroclaw sorting office will be on a 15 hectare plot located close to road, rail and air connections. The improved communications should raise the quality of services, said Piotr Dziadek, PP director in Wroclaw. The sorting office will consist of a 21,000 square meter hall, administration buildings and parking lots. (Puls Biznesu, p. 9) P.W.