MCI fund invest PLN 1.2 m in Hoopla internet shop

APA - Austria Presse Agentur
opublikowano: 03-06-2005, 13:36

Warsaw (Puls Biznesu) – MCI Management, a venture capital fund from Wroclaw, western Poland, focusing on risky technological projects, will invest up to PLN 1.2 m (EUR 291,600) in Hoopla within two years. MCI will buy 85 percent of the internet shop specialising in electronics, home appliances and computers. Hoopla was launched in Fall and it plans PLN 3 m of sales this year.

Warsaw (Puls Biznesu) – MCI Management, a venture capital fund from Wroclaw, western Poland, focusing on risky technological projects, will invest up to PLN 1.2 m (EUR 291,600) in Hoopla within two years. MCI will buy 85 percent of the internet shop specialising in electronics, home appliances and computers. Hoopla was launched in Fall and it plans PLN 3 m of sales this year. Till 2009, Hoopla wants to increase sales to PLN 60 m.(PLN 1 = EUR 0.243)

Poland/Enterprises/Funds

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Podpis: APA - Austria Presse Agentur

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