|Alma mater|| Wroclaw University of Technology |
Warsaw School of Economics
|Net worth||$122 million (March 2016)|
Tomasz Czechowicz (born June 1970) is a Polish entrepreneur and private equity investor. He is the founder and Chief Investment Officer of MCI Capital SA, one of the most dynamic growth/private equity groups in Central and Eastern Europe, as well as supervisory board member of companies across Europe. He runs a group of investment funds active in Poland and CEE, Germany, Austria, UK, Scandinavia, Russian Federation and Turkey,mostly supporting technology, travel and internet-based companies.
Czechowicz holds the title of Master of Business Administration received from the University of Minnesota and the Warsaw School of Economics. He also holds a master's degree in management, which he earned from the Wrocław University of Economics with prior bachelor's degree in industrial engineering.
First business activities, as a teenager, included coding, along with producing and selling computer accessories at the trade center in Wrocław,later in Warsaw as well. When he moved to Wrocław to attend the university, he also began importing old and new computers to Poland, among them Commodore 64s, which made him one of the company's largest European customers.
In 1990 Tomasz Czechowicz, Janusz Krasnopolski and Tomasz Gomułkiewicz co-founded JTT Computer SA. The company continued importing Commodores, but in 1997 a milestone was achieved by reaching an agreement with Intel and Microsoft to begin assembling their own PC's called ADAX.Czechowicz was the company's CEO until 1998. During these eight years he turned the company into a leading Central European PC assembly and distribution center, which generated the revenue of over $100 mln in total. In a 2006 interview Tomasz Czechowicz said that experience with this company was very important to him and his future business ventures and in an interview from 2016 he admitted that JTT Computer S.A. was one of the biggest business challenges and prepared him well for the following business plans.
After leaving JTT Computer S.A., in 1999 Czechowicz founded MCI Group, one of the leading private equity groups in Polandand in Europe, and has been its Managing Partner since then.
Within the MCI group, he is jointly responsible for preparing and implementing the long-term development strategy, preparing and execution of the business plan, as well as the group's risk management. Tomasz Czechowicz is a member of various supervisory boards, being jointly responsible for providing opinions and decision-making on key strategic and operational matters in the portfolio companies, which have assets under management of PLN 2.3 Bn (Q3’2017).
MCI Capital is a growth capital investment fund focused on digitization and invests in companies from digital disruption, digital adaptation and digital ecosystem areas. It aims to build regional champions. Usual investment ticket ranges from EUR 10M – 25M in growth companies, and can reach up to EUR 100M in buyout companies.
MCI Capital is investing in over 40 companies, including ABC Data, Answear.com, Azimo, eCard/Dotpay, Frisco.pl, Gett, Morele.net, NaviExperts and Prowly.The group is listed on the Warsaw Stock Exchange since February 2001 and on its first day it increased its worth by 50%. MCI is also a member of the Polish Private Equity Association and the Polish Association of Stock Exchange Issuers.
One of the companies in the MCI's portfolio was Invia.cz, which today is the largest e-travel business in the Central and Eastern European region. Polish edition of Forbes describes a story of obtaining it by Czechowicz, which is related to his love of rock climbing. It took five tries for Czechowicz to reach the summit of Matterhorn,but after his last and successful try by the end of the 2007, he went to Zurich to have a meeting with the representatives of Internet Travel Holding (which were back then the owners of Invia). Forbes implies that Czechowicz reaching the summit of “the symbolic mountain” made such an impression on the ITH's representatives that they decided to sell him Invia. Invia was sold in 2016 to investment fund Rockaway. This action allowed the MCI Group to have one of the best returns in its history.
Tomasz Czechowicz, via MCI Capital, invested in Uber's competition – GetTaxi (Gett), an application originating in Israel. It, similarly to Uber, allows to hail a taxi, but with appropriate licences and permissions, including the access to bus lanes in London. As Czechowicz remarks in the interview for Polish edition of Business Insider, “Uber created a brand, which taxi drivers perceive in the same way as unemployment. (…) This is kind of like discussing about the pharmacies. Do we want to have little and local pharmacies with appropriate licences or the big market chains and pharmacies becoming leaders of the market. I don’t think it’s all about a taxi being cheaper by another 5-15%, but it also should be about this service being associated with a certain kind of quality".Since 2016 Gett is in his investment portfolio as a “unicorn” (a company which is worth over $1 bln), at that time first in MCI's funds.
Czechowicz is a member of a statutorily required supervisory board or comparable domestic or foreign supervisory body in the companies set out below:
Tomasz Czechowicz devotes his free time to a number of sports.He was quoted in Onet Biznes, saying that “Doing sports allows me to decrease the amount of days I need for the holiday. Thanks to this hobby, I keep myself in good condition, which is necessary in this profession." He is active in:
The economy of Poland is an industrialized, mixed economy with a developed market that serves as the sixth largest in the European Union (EU) and the largest among the former Eastern Bloc members of the EU. Since 1990, Poland has pursued a policy of economic liberalization and its economy was the only one in the EU to avoid a recession through the 2007–08 economic downturn. As of 2019 the Polish economy has been growing steadily for the past 28 years, a record high in the EU and only surpassed by Australia in the world economy. GDP per capita at purchasing power parity has grown on average by 6% p.a. over the last 20 years, the most impressive performance in Central Europe resulting in the country increasing its GDP seven-fold since 1990.
Lublin is the ninth-largest city in Poland and the second-largest city of historical Lesser Poland. It is the capital and the center of Lublin Voivodeship with a population of 339,784. Lublin is the largest Polish city east of the Vistula River and is about 170 km (106 mi) to the southeast of Warsaw by road.
There are 41 Catholic dioceses of the Latin Church and two eparchies of the Eastern Churches in Poland. These comprise about 10,000 parishes and religious orders. There are 33 million Catholics. The primate of the Church is Wojciech Polak, Archbishop of Gniezno. According to 2015 demographics, 92.9% of Poland's population is Roman Catholic.
Wprost is a Polish-language weekly newsmagazine published in Poznań, Poland. Each month the weekly provides an English-language supplement, WiK English Edition, which focuses on concerts, exhibitions, and interesting weekend getaways, and an in-depth guide to Warsaw's dining and nightlife. Wprost had a circulation of 218,000 copies in 2001–02. The circulation of the magazine was 102,987 in 2010 and 115,645 copies in 2011. It was 94,517 copies in 2012. The print and e-edition circulation of the weekly was 130,136 in August 2014.
Dorota Rabczewska-Stępień, known professionally as Doda, is a Polish singer-songwriter, actress, producer, and television personality. A two-time MTV Europe Music Award winner, she is among the most successful Polish artists in terms of number of prizes won. Doda is notable for her innovative and controversial performances and music videos. She rose to fame as a member of the Polish rock band Virgin, with whom she released three studio albums: Virgin (2002), Bimbo (2004), and the triple platinum Ficca (2005). After the group disbanded in 2007, she continued with a solo career, releasing two platinum albums: Diamond Bitch (2007) and 7 pokus głównych (2011). In 2016, Virgin reunited and released their fourth studio album Choni. In 2018, Doda made her acting debut in a feature film Pitbull. Ostatni pies, and the following year she released her third solo studio album Dorota.
Tomasz Rafał Lis(
Tadeusz Kościuszko University of Technology is a public university located in central Kraków, Poland, established in 1946 and, as an institution of higher learning granted full autonomy in 1954.
Kinga Judyta Rusin-Lis also known as Kinga Russian is a popular Polish TV presenter.
Kulczyk Investments SA is an international investment company, founded by Polish entrepreneur Jan Kulczyk in 2007, focusing on business opportunities in high growth markets. The company’s strategic sectors are energy, infrastructure, chemical industry and mineral resources. Kulczyk Holding SA is responsible for the operations of the group in Poland.
Józef Wojciechowski is a Polish developer, owner of J.W. Construction Holding S.A., and former owner of Polonia Warsaw football club. He is the 31st richest Pole as of 2013, with his wealth estimated at 950 million Polish zloties, or about 300 million dollars.
Żabka Polska is a chain of convenience stores in Poland. There are more than 6,000 stores across Poland. Some Żabka stores are located in the Czech Republic. The retail turnover was about EUR 650 million in 2010.
MCI Capital SA - private equity fund listed on the Warsaw Stock Exchange active in the Central and Eastern Europe. According to the Wall Street Journal MCI is one of Poland’s leading venture capital and private equity companies. The company was founded by Tomasz Czechowicz, according to the Polish edition of Forbes magazine one of the richest Poles, with an estimated wealth of 520 million PLN.
Patryk Tomasz Jaki is a Polish politician, former Secretary of State in the Ministry of Justice and First Deputy Attorney General, former Chairman of the Verification Committee for Reprivatisation since 2017 and current member of the European Parliament.
Michał Jan Chyczewski is a Polish manager, financier and government official.
Piotr i Paweł is a retail chain of delicatessen and supermarket stores. The retail chain was founded in 1990 by Eleonora Woś and her two sons, Piotr and Paweł Woś.
Mariusz Świtalski is a Polish entrepreneur. He is the founder of Elektromis, Eurocash, Biedronka, Żabka, Małpka Express and has been named as one of the richest people in Poland by Wprost weekly.
Irena Eris is a Polish pharmacist, entrepreneur and the founder of Dr. Irena Eris cosmetics company.
Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.
Piotr Szulczewski is a Polish-born Canadian businessman and computer engineer who is the founder and CEO of the mobile-first ecommerce platform focused on low-cost goods, Wish.com. He is the youngest billionaire from Canada according to Forbes.
SKYSAWA is a pair of buildings being built in the center of Warsaw, Poland. The buildings are at 36 Świętokrzyska Street on a lot previously occupied by a 1960s 10-storey office building.