WP profits up in Q2, big project ahead

Poland's largest web portal Wirtualna Polska (WP) recorded PLN 9.92 million in net profits in Q2, compared with PLN 2.86 million in the corresponding period last year, a company statement read. WP also announced plans regarding a  "very huge" project, still his year. WP's sales revenue reached over PLN 77.7 million, whereas it stood at PLN 50.4 million in Q2, 2014. "We have not made the final decision about [launching] a television station yet, but we are going to surprise the market with something very huge still this year," Jacek Świderski, the CEO at WP said. The company is currently putting in order its structure and is looking for new acquisitions. Recently, it has taken over Money.pl and two internet radio stations OpenFM and PolskaStacja.pl.