Radio Zet, money and expertise from Advent International

"It won't change the profile of the station, but will enable more rapid development," explained Radio Zet general manager Monika Bednarek. EuroZet is owned by Dorota Zawadowska-Woyciechowska and Katarzyna Woyciechowska (46%), France based Europe Development International (EDI) (40%), Monaco, a company created by the managers of Radio Zet (5%) and Konako (9%). Advent International became an indirect investor in EuroZet by aquiring a stake in Konako. "Such funds bring stability and financial expertise," adds Bednarek. After eight years in the Polish market, Radio Zet has ambitions to become the number one station in Poland. It currently trails RMF FM from Krakow. Last year, EuroZet doubled its revenues compared to the previous year reaching zl. 116 million. (Rzeczpospolita, page 3)