Press releases

05/06

Six innovative companies established Digital Poland Foundation

A group of innovative companies established Digital Poland Foundation to support the concept and development of digital economy in Poland. Individual projects will be driven by the collaborative approach of the foundation’s members and institutional stakeholders.
31/05

In Q1 2017, MCI Group achieved net profit of PLN 10.65 million. NAV per share was PLN 17.74.

  • As at 31 March 2017, NAV per share (NAV/s) stood at PLN 17.74, as compared with PLN 17.75 at the end of 2016.
  • As at 31 March 2017, the value of MCI’s assets was PLN 1.328 billion.
  • In 2017, the company used approx. PLN 57.64 million for the buyback of own shares.
  • Net profit amounted to PLN 10.65 million and the return on investment was PLN 14.66 million.
23/05

Morele.net reports dynamic increase in income

In 2016, the Morele.net online shop carried out millions of orders. The portal’s revenue amounted to PLN 600 million. Currently, more than 5,000 transactions are completed on a daily basis. Morele.net offers a wide product range, from computer components and consumer electronics to home appliances and electronics, including over half a million products that are available by delivery within 24-48 hours.
28/03

The MCI.CreditVentures Fund has completed its first private debt investment in Spearhead.

  • MCI.CreditVentures is a fund offering private debt to businesses.
  • The Fund has completed its exit from the Spearhead investment started back in 2015.
  • The total estimated rate of return will be approx. 15%.
18/01

MCI participates in the financing of Allegro acquisition, USD 3.25 billion deal, biggest tech deal in the region

  • The MCI.CreditVentures Fund (Fund), managed by Private Equity Managers (PEM), took part in the financing round for the acquisition of Allegro by the Cinven, Permira and Mid Europa Partners consortium.
  • The Fund provided 50 million zlotys in the form of junior debt.
  • The funds for financing the transaction were collected by a consortium. During the round in which MCI.CreditVentures took part the transaction was underwritten by J.P. Morgan and PZU , and arranged by Goldman Sachs, J.P. Morgan, and PZU.