ITI Group (International Trading and Investments Holdings SA Luxembourg), known as Grupa ITI in

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

, was a large

media conglomerate A media conglomerate, media company, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, motion pictures, video games, amusement parks, or ...

headquarter Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, mil ...

ed in

Warsaw Warsaw, officially the Capital City of Warsaw, is the capital and List of cities and towns in Poland, largest city of Poland. The metropolis stands on the Vistula, River Vistula in east-central Poland. Its population is officially estimated at ...

, Poland. On 2 July 2015, ITI Group and Canal+ Group completed the sale of their controlling interest in TVN to

Scripps Networks Interactive Scripps Networks Interactive, Inc. (SNI) was an American mass media company, which was formed on July 1, 2008, and acquired by and merged into Discovery Communications on March 6, 2018. It was formed in 2008, through the spin-off of the E. ...

. The ITI Group was co-founded by businessmen

Jan Wejchert Jan Bohdan Wejchert (; 5 January 1950 – 31 October 2009) was a Polish businessman and media mogul. He had a net worth of $1.3 billion (Forbes) Wejchert was the co-founder of the ITI Group, one of Poland's largest media groups, as well as the ...

(1950–2009) and Mariusz Walter in 1984. The company received a license from the then authorities of the Polish People's Republic to import electronic equipment and distribute films on video cassettes in Poland. Wejchert served as the ITI Group's first President and founding

shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...

. Wejchert ran the company jointly with Walter and Bruno Valsangiacomo. In 2018, after selling all of its assets, the company was closed.

References

Mass media companies of Poland Mass media companies established in 1984 Mass media in Warsaw Polish brands Polish companies established in 1984 Mass media companies disestablished in 2018 2018 disestablishments in Poland Economic history of Warsaw Companies based in Warsaw Defunct companies of Poland Defunct mass media companies Defunct mass media in Poland {{Poland-company-stub