Sunday, April 20th, 2014
Today's weather     
Polkomtel gets new CEO

6th February 2014
Bookmark and Share

Tobias Solorz replaced his father Zygmunt Solorz-Żak as the CEO of Polkomtel, operator of mobile network Plus.

“I’m very happy that my son will takeover my post. During our work together on the company’s management board, Tobias learned a lot and gained necessary experience. He became a top-class executive and I’m sure he will do a great job leading the company,” said Solorz-Żak, who will now be part of Polkomtel’s supervisory board.

Recently, Polkomtel was acquired by another company belonging to Zygmunt Solorz-Żak, Cyfrowy Polsat, which brings two of his most profitable companies together. The deal, worth PLN 6.15 billion is expected to be completed by the end of May, 2014.

The deal will forge a group generating PLN 10 billion in revenue, a core profit of PLN 3.9 billion, and operating cash-flows of PLN 3.6 billion, making it one of Poland’s top 10 listed firms.

Poland A.M.

From Warsaw Business Journal

The business of politics
Poland’s PM owes Putin one
BY Remi Adekoya
A few months ago, Civic Platform (PO), Poland’s ruling party, looked sure to lose the upcoming European Parliamentary elections in May. Poll ... READ MORE
From the editor
A day full of possibilities
BY Andrew Kureth
My favorite cartoon ever drawn is the final strip of the iconic “Calvin and Hobbes” series, by fellow Kenyon College alumnus ... READ MORE
Our partners