IT & Telecoms In Brief: Emax; Dialog's sales; Wirtualna Polska

Emax, a Poznań-based IT company, wants to take over a company from the sector worth between zł.10-20 million. "At the moment we are negotiating the terms on which the contract will be signed", said Piotr Kardach, the president of Emax. He has not revealed the name of the company, but he said it is an IT company operating in the telecom sector, a sector which Emax wants to enter. (Puls Biznesu, p. 11) ... The supervisory Board of KGHM, the owner of Dialog Telecom company, revealed that the operator exceeded its sales projections and its profit was higher by one third over the last five months, but the company is still in debt and has to pay back zł.100 million to KGHM every month. Dialog hopes to have its debt extinguished and decrease its loss to zł.50 million by the end of 2004. Dialog won an additional 18,000 customers and plans to see a further grow to reach 450,000 by the end of the year. (Puls Biznesu, p. 6) ... Investors are lining up to buy the assets of Wirtualna Polska (WP), the second largest Internet portal, which went bankrupt earlier this year. WP's co-founder and ex-CEO Leszek Bogdanowicz made a bid to buy the company's assets offering to pay off smaller creditors and former key shareholder, TP Internet. The other bids have been made by another ex-CEO, Marek Borzestowski, and the MCI Management venture capital fund. At present Wirtualna owes its creditors zł.36 million. Additionally, Leszek Bogdanowicz has a zł.158 million claim against the company's assets because of alleged copyright infringements. (Parkiet, p. 1) J.J.