TP Invest offers employment opportunities for laid-off TPSA workers

TP Invest, a subsidiary of Telekomunikacja Polska (TPSA) created in January 2000, is planning to spend zl.40 million on venture capital investments, inc luding hi-tech projects. TPSA has already moved many of its subsidiaries int o the TP Invest structure, and has promised that its investment in the compa ny may be increased. Many workers already made redundant as a result of TPSA 's restructuring are being offered alternative employment in subsidiaries pl aced under TP Invest. Apart from hi-tech investments, TP Invest will also fo cus on venture capital investments in projects complementing the operations of TPSA and its subsidiaries. According to Puls Biznesu, the company may be prepared to spend as much as euro 5 million on a single project with prospec ts for returns within three to five years. (Puls Biznesu, p. 10) M.T.K.