Onet.pl suggests it may invest up to zł.100 million in 2006
To help achieve this end, the Onet.pl portal is also to merge with Grupa Onet to which it belongs, which means that the minority stake in the portal will be directly owned by bourse investors. "The company is healthy, it generates a cash surplus from operational and investment activities," stated Wejchert. He admitted that due to the economic pick-up and good perspectives for the sector, Onet's investments this year will be higher than last year and may amount to as much as zł.100 million. Onet was once interested in the purchase of Internet communicator Gadu Gadu, but according to Wejchert the company has abandoned the idea. Onet generates around 75% of its revenues from the sale of advertising services. It estimates its share in the zł.120-140 million market is around 40%, which means that the company might have generated around zł.56 million last year from selling adverts. (Parkiet, p. 7) E.B.