PC producer JTT Computer appears to go under for the last time

The company's president and main shareholder, Janusz Krasnopolski, said that they is now no hope to save JTT Computer. He declared that ultimately KredytBank is to blame, as the bank prevented a settlement by taking illegal action and prolonging procedures. JTT lost its financial liquidity back in the autumn of 2003 after a famous battle with the tax authorities. At the beginning of this year, it won the dispute and secured a zł.20.7 million tax refund which KredytBank quickly seized from JTT's bank account without negotiating the terms of the settlement. While JTT Computer will now cease to exist, MCI venture capital fund is still interested in continuing the production of PCs by transferring what will be left of JTT to another entity (Puls Biznesu, p. 7) K.J.