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April 25, 2015 9:50 PM ET

Internet Software and Services

Company Overview of Wirtualna Polska SA

Company Overview

As of February 13, 2014, Wirtualna Polska SA was acquired by Grupa Wirtualna Polska. Grupa Wirtualna Polska owns and operates a website which offers online services. The company was formerly known as Wirtualna Polska SA and changed its name to Grupa Wirtualna Polska in January 2014, following its acquisition by Grupa o2 sp. z o.o. Grupa Wirtualna Polska was founded in 1995 and is based in Gdansk, Poland.

ul. Traugutta 115C

Gdansk,  80-226

Poland

Founded in 1995

Phone:

48 58 521 5600

Fax:

48 58 521 5601

Key Executives for Wirtualna Polska SA

Wirtualna Polska SA does not have any Key Executives recorded.

Wirtualna Polska SA Key Developments

Innova Capital Mulls IPO For Wirtualna Polska

Innova Capital Sp. z o.o., which financed the takeover of Wirtualna Polska SA by Grupa o2 sp. z o.o., wants the companies to merge into Grupa Wirtualna Polska and then debut on the Warsaw Stock Exchange in about three years' time, the fund's Managing Partner Krzysztof Krawczyk told ISBnews. Krzysztof Krawczyk also added that his fund plans to withdraw from the internet group soon after the listing. "We usually keep the shares in our listed companies for a year or two after their IPO, so I expect that our investment in Wirtualna Polska will last about five years."

Innova Capital To Look For Add-on Acquisitions For Grupa o2 And Wirtualna Polska

Innova Capital Sp. z o.o. will look for add-on acquisitions for the combined Wirtualna Polska SA and Grupa o2 sp. z o.o. following their merger. Krzysztof Krawczyk, Managing Director of Innova Capital Sp. z o.o., said "'We believe that by combining Wirtualna Polska and o2 we will create the number one player in Poland. We are monitoring market trends both on our market and globally, and will be looking for add-on acquisitions, also outside the areas both portals have been operating in so far"

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