The future of Puls Biznesu daily improves and could break even in 2003

President of Bonnier Business Polska (BBR), Waldemar Tevnell, which has also published Puls Biznesu since 1997, informed journalists that the newspaper was likely to finally break-even, or make a small profit in 2003. The whole group is going through tough times, as their consolidated revenues dropped by 8% and operating losses increased by 70% after eight months of 2002. Waldemar Tevnell is not feeling much pressure from the management of the company as a result of this. "We are going according to the schedule and there is no risk," he added. Revenues of the newspaper in 2002 jumped by zl. 7 million to zl. 31 million while losses dropped from zl. 16 million in 2001 to only zl. 7 million. BBR has so far invested zl. 60 million in Puls Biznesu. (Gazeta Wyborcza, p. 19) M.M.