MCI in buoyant mood after posting good 2005 results

"The management board believe that the value of our 2005 assets exceeded zł.100 million," said Tomasz Czechowicz, president and main shareholder of MCI. In 2006 the fund will exit 3-7 investments, which should bring in revenues of zł.10-25 million. Among these companies, one to three of them might be floated on the Warsaw bourse. The main candidates to enter the stock exchange are financial portal Bankier.pl and One2One. MCI has designated about zł.25 million in 2006 for investments and acquisitions in 5-10 new projects. Tomasz Czechowicz is betting on mobile services companies, which should repeat the success of Internet companies. The company is also preparing to enter the biotech market and to expand abroad, most likely in the Czech Republic or Romania. By 2010 the value of the fund's assets should exceed zł.500 million, if not the company might have problems on the market. (Puls Biznesu, p. 11) M.M.