·   Intel Capital and MCI have each made a 5 million Euro investment in Netretail Holding, B.V., which operates e-commerce sites in five CEE countries

·   This is the second round of financing for MALL.CZ from Intel Capital

·   Intel Capital demonstrates its strong ongoing commitment to the Central Eastern European region through the follow-on investment in MALL.CZ


PRAGUE, CZECH   REPUBLIC, Sept. 16, 2010 – Intel Capital, Intel's global investment organization, today announced additional funding for MALL.CZ, operated by one of its portfolio companies in the Central Eastern European region. Intel Capital and MCI, a leading Polish investor, have each made a 5 million Euro investment into MALL.CZ’s holding company, Netretail Holding, B.V. (“Netretail Holding”). In addition, Ondra Tomek also invested €1M in the company in a separate investment.

            The investment demonstrates Intel Capital’s confidence in the future prospects for the company and its commitment to the Central and Eastern European region. 

MALL.CZ is located in the Czech Republic with Netretail Holding also having operations in Poland, Hungary, Slovakia and Germany. The Group currently runs localised ecommerce shops in the region with 600 product categories – from consumer electronics to sporting equipment. MALL.CZ has more than 1,000,000 registered customers and a daily visitor rate above 100,000 users.

Arvind Sodhani, president of Intel Capital and Intel executive vice president, said: “This investment is a clear indication of Intel Capital’s commitment to the Central Eastern European region. It demonstrates our unwavering commitment to invest in technology innovation globally, and stimulate economic activity in the region by encouraging local entrepreneurship.”

Ondrej Fryc, CEO of Netretail Holding, commented: "Since 2000 we have pioneered a new approach to Internet retailing, investing heavily in customer services, infrastructure and large logistics warehouses.  Intel Capital has been a very valuable supporter in this endeavour. This approach has differentiated the company from the competition and enabled us to grow significantly in the last few years.  As a result of the second round of financing from Intel Capital and MCI, our group will be able to develop customer satisfaction and grow into other markets in the region. The e-commerce sector is growing rapidly and there are significant opportunities for new approaches and innovations.”

      Marcin Hejka, Managing Director Intel Capital Eastern Europe, Middle East and Africa, said: “Intel Capital first recognised the company’s potential in 2008 when it originally invested in the company. Netretail Holding is one of the leading e-commerce companies in Eastern Europe and achieved strong growth in the last year despite tough economic conditions in the region and negative GDP growth. We have continued to support the company through challenging times and believe that it has excellent growth opportunities to expand into other markets in the region.”


-- Ends –



About Intel Capital
Intel Capital, Intel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9.5 billion in over 1,050 companies in 47 countries. In that timeframe, 175 portfolio companies have gone public on various exchanges around the world and 241 were acquired or participated in a merger. In 2009, Intel Capital invested US$327 million in 107 investments with approximately 50 percent of funds invested outside the U.S. and Canada. For more information on Intel Capital and its differentiated advantages, visit


About MCI

MCI was created in the year 1999. It is the leading Private Equity group in Central Europe managing the funds: MCI.TechVentures (Venture Capital), MCI.EuroVentures (Growth Capital), MCI.BioVentures (Venture Capital & Seed Capital), Helix Ventures Partners (Seed Capital & Start-up), Internet Ventures (Venture Capital) & MCI Gandalf Aktywnej Alokacji (Absolut Return Hedge Fund). The value of assets managed by MCI reaches 554 million PLN (30/06/10, including Internet Ventures). It specializes in investments in innovative companies operating in: TMT, Internet & mobile technologies, BPO, VAS, SaaS, IT services, distribution, e-commerce, digital media & entertainment, financial services, medical services,  life science/biotechnology and clean technologies. The MCI Group has so far executed a total of 39 investment projects and executed 17 full exits and six partial exit transactions. MCI currently has direct investments in Poland, Czech Republic and Slovakia, with an approach to Romania and Hungary. In the period between 01.01.1999 and 30.06.2010 MCI Management SA generated net IRR at the level of 19,84%. MCI Management SA is listed on the Warsaw Stock Exchange since February 2001. MCI is a member of the Polish Private Equity Association and the Polish Association of Stock Exchange Issuers.


About Netretail Holding

Netretail Holding is the leading regional online retailer in the CEE region, covering Czech Republic, Germany, Poland, Hungary and Slovakia. Netretail Holding is currently running fully localised e- shops in the region with over 600 different product categories ranging from consumer electronics to sporting equipment. Netretail Holding has more than 1,000,000 registered customers and a daily visitors rate well above 100,000 users. In the last fiscal year (ended 31st March, 2010), the consolidated revenue of the group reached US$100 mil. (ex-VAT). For more information on Netretail Holding please visit


Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

* Other names and brands may be claimed as the property of others.


And we’re as likely to chat about it online, as by the water cooler








  • Gathering round the TV set with family and friends is still a much loved past time.
  • Rather than nattering about programs the next day, we’re increasingly logging on to chat about them in real-time.
  • By connecting with viewers in this way, we have naturally created a ‘Global Fireside.’
  • Smart TV – the next-generation of TV – will make it easier for us to achieve this.


SWINDON, United Kingdom, Sept. 7, 2010 – Research[1] into TV viewing habits, released today by Intel, has revealed the emergence of the ‘Global Fireside’. TV is still a ‘sociable’ experience, but rather than nattering about programmes the next day, we’re increasingly logging on to chat about them in real-time. By connecting with fellow viewers in this way, we have naturally created a ‘Global Fireside.’

     Gathering around the TV set with friends and family remains a much-loved pastime – 74% of us say so. But we have taken the old habit of chatting about TV programming and propelled it into the 21st Century. 42% of 18-24 year olds use instant messenger (IM) to converse about broadcasts, while more than a third (35%) post comments to social networking sites. Generation X is getting in on the act too. 20% of adults use IM and 16% social networking sites. Plus, 22% of us want a quick and easy way to recommend shows to friends.

     Paul Tapp, Consumer Electronics Marketing Manager for Intel EMEA, said: “TV is still a ‘group activity’ that is, families and friends gathering round the TV to watch their favourite programmes, only today we are just as likely to gather virtually through social networking sites, as in person. The World Cup this summer was a prime example of this, with increasing numbers of us turning to Facebook and Twitter to comment and quip on events as they happened.”

     “Even more of us are set to join the ‘Global Fireside’ thanks to the biggest TV revolution since television born - smart TV,” continued Tapp.  “It combines everything people love about TV and the Internet.  People can easily surf between TV channels, websites, their own digital content and social networking applications, and enjoy an interactive and highly social experience.  For example, with smart TV devices people will be able to chat with others, regardless of their location, in real-time. Imagine the possibilities - if you’re a fan of the Boston Red Sox but live in Geneva, you’ll be able to connect with a group of TV friends from as far afield as Nairobi, Bangalore and Manila to watch the game together, and talk about it as it happens.[2]”


Channel You

     We may have hundreds of channels to choose from, but well over a third of us (46%) still struggle to find something we actually want to watch. Too much choice, it seems is no choice, with the vast majority of us (86%) sticking to the same small number of channels despite having lots to choose from.

     But the days of complaining there’s nothing to watch are numbered. Smart TV serves up our own personal TV channel, making it easy for us to watch all sorts of programming on our TV set, whether that’s traditional broadcasts, streaming video on the Internet or films stored on our laptops – 39% of us say we will welcome this innovation with open arms. But it’s not just a question of making it easier for us to do the work, what we actually want is our TV to do all the work for us.

     60% want our TV sets to recommend programmes based on our previous viewing habits, along the lines of websites that suggest books or music we may like based on our previous purchases; while two-thirds (67%) of us want our TVs to find our favourite shows that are no longer on air. Smart TV has the potential to do both.


Satisfying a craving

     We are unwittingly trying to create our own smart TV by fusing together TV, the Internet and our own personal digital content.  42% of us use our laptops whilst watching TV; while just over a third of us (35%) have linked our laptops to the TV set. Unsurprisingly, given the general confusion about cables, ports and tuning, the tech-savvy amongst us (52%) are more likely to have experimented with this.

     While this tech wizardry may be considered futuristic by many of us, the motivations for linking up the laptop to the TV are timeless. 62% of us do it so we can show off photographs to our friends and family – the Noughties’ equivalent of old-fashioned slide show – loved by many, yet hated by more; while 59% of us simply want to watch films we’ve download from the Internet.


What is Intel bringing to Smart TV?

Intel is using its deep experience and compelling computing innovation to drive the industry forward and propel advances in smart TV technologies.   The Intel® Atom™ processor is bringing intelligent and powerful capabilities to the smart TV experience.  Available in a new range of TVs, DVD/Blu-ray* players and set-top boxes, this processor provides the compute performance needed to deliver a truly integrated broadcast and broadband experience.


About Intel

     Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at and


– 30 –


Intel, Intel Atom and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

* Other names and brands may be claimed as the property of others.


[1] Survey information

This independent survey was conducted in August 2010 by RedShift Research on behalf of Intel through an online questionnaire. The respondents were nationally-representative of the adult population. The breakdown of the 7,012 respondents by region is: France (1,007), Germany (994), Italy (1,002), Netherlands (994), Spain (1,000), Sweden (1,002) and UK (1,002).


[2] Internet access, Internet-enabled content/services, and 1080p HD video may require additional hardware and/or subscriptions at additional cost. Check with your device manufacturer for details.

Filter News Archive

By author: By date:
By tag: