Multimedia Polska tipped to raise $250 million from floor

Although details are somewhat scant at present, according to a Parkiet source, the floatation will be prepared by ING Securities and envisages a debut of one company created on the basis of three existing subsidiaries. MP is 96% controlled by Dutch UNP Holdings BV, and currently provides TV services to 475,000 people in 90 towns and cities, while 45,000 subscribers also use its Internet services. In 2002, the firm had revenues amounting to zł.100 million. (Parkiet, p. 3) M.M.