Polish Enterprise Fund to make $15 million investment in Romanian market

This is the first investment of this fund outside Poland. According to Jacek Siwicki, the deputy head of Enterprise Investors which manages the fund, Poland will be the main market for the fund where it will still invest at least 80% of its capital. However, Romania is now a fast developing country and investments on that market will be profitable. The fund has about $60 million to invest and the fund heads expect to invest all the money by the first half of next year. Also, this year the fund has invested $26 million in six partnerships in Poland. (Parkiet, page 6)