Jan Kulczyk - History

History

Jan Kulczyk’s father set up three companies after World War II, all of which were taken over by the communist state. In 1981, Kulczyk formed Interkulpol, one of the first companies with foreign capital in Poland. In 1988, he established the Kulczyk Tradex company, which was the only official dealer of Volkswagen and Audi in Poland. In 1991, Kulczyk Holding, a limited liability was established, and in 1993 it was transformed into a joint-stock company. Jan Kulczyk is the Chairman of the Supervisory Board of the company. Kulczyk Holding belongs to the international investment group Kulczyk Investments (former name: Kulczyk Investment House), and manages the assets of the group in Poland. Completed investments include: PTC Era mobile operator (4.8% in 1993-1999, partnership with Deutsche Telekom Mobil Net GmbH), TPSA Polish telecom operator (47.5% acquired alongside France Telecom in privatisation deal and later sold to France Telecom), national oil refining and marketing PKN Orlen (nearly 5% in 2001-2005), TUiR Warta SA, an insurance company (70% gradually sold to KBC) and PTE Dom pension fund (50% disposed to KBC).