Prokom ends its venture into the Internet sector

The transaction was worth zł.10.5 million, of which zł.4 million was a net profit to Prokom, a relatively insignificant sum compared to the zł.115 million that Prokom had earlier expected. PI was formed in 2000 in the midst of the internet boom. Currently, PI consists of six companies: Safe Computing, Edison, Internet Wizards, Ad.net, Stopklatka and The Polish Group. Over these years, Prokom invested more than zł.150 million in PI, but due to insufficient income of PI to pay back the loan and the lack of prospects, Prokom decided to sell it. CA IB will not be the final owner, as according to CA IB supervisory board member Paweł Tamborski, CA IB acted as an intermediary and intends to resell the shares to another investor. No precise name has been given yet. (Parkiet p. 1) M.G.