Novator may exit Play, but not Poland

"Poland is an interesting country for an investor like us. The economy is developing, internal demand is growing well, the gap in the standard of living between Poland and West European countries is closing," said Constantine Gonticas, managing director of Novator. The firm is mainly interested in the consumer, financial and media sectors and it is planning investments of at least several hundred million euro. The market is full of speculation concerning the planned disposal of Netia but, "We have no clear time horizon for the investment. We shall analyze the potential of selling shares in the operator once they arise," said the managing director, who also refused to comment on speculation concerning the planned disposal of Play.

Source:Puls Biznesu