Radio PiN shuffles board, looks to expand broadcasting

Wieslaw Walendziak, the deputy president of Prokom Investments, has taken his place and according to analysts, these changes in personnel structure are a prelude to capital changes. Prokom Investments, which recently took over shares in Mediabank from Softbank, is seeking a partner or investor for the radio station, which has a 2.5% listening rate in Warsaw. "On behalf of Prokom Investments, I am in talks with potential partners," said Walendziak. "They see the development of Radio PiN outside of Warsaw, as the station has the costs of a national radio station but only a local reach." The main party interested in the investment is Kraków-based Broker FM, owner of RMF FM.  According to unofficial information Broker FM could take over 30% of shares. (Puls Biznesu, p. 9) A.K.