PAIZ estimates Western investment in Polish media standing at $2.6 billion

Western investment in the Polish media sector now amounts to as much as $2.6 billion, according to information derived from company statements, and from the list of the 50 leading investors in the country drawn up by the Polish Foreign Investment Agency (PAIZ). The biggest single media investment is the $1.2 billion poured into Polish television by Dutch group United Pan-Europe Communications (UPC). Other significant funding includes the $110 million invested in regional newspapers by Bavarian publisher Verlagsgruppe Passau. (Prawo i Gospodarka, p. 4) M.T.