Cornwall's 105 to 107 Itchy FM - Ofcom Licensing

Rolf Munding
Non-Executive Chairman, IMD Radio Cornwall Ltd
Current directorships
Northern Light Limited
RAT Holdings Ltd
In 1977 Rolf started his entrepreneurial career with a partner, launching RAT which continues to this
day as RAT Holdings Ltd.
Between 1978 and 1996 RAT Holdings was involved in many activities ranging from motorcycle
retailing and import / export to high tech furniture design; from engineering and industrial design, to the
design and development of rowing training machines and music stands. All the above companies were
start ups which were developed and financed in group without outside help or financing.
RAT Holdings is still controlled and managed solely by Rolf and holds property in the centre of London,
which it has purchased and developed itself, including the successful development of a site in
Smithfield, London EC1 into the popular nightclub Fabric and the Smiths of Smithfield restaurant and
bar.
In 1991 he was approached by Merrill Lynch to head the property investment activity of a new Eastern
European Fund to be set up by them. Accepting this role led to Rolf quickly being entrusted not only
with property investment in the former Soviet Bloc but also with overseeing the general investment
activity in the former Czechoslovakia.
Rolf has continued to work in Eastern Europe on his own property deals and small industrial
investments as well as providing a consultancy service to a number of clients concerning cross border
strategies. Clients have included; Reed Elsevier, Ceti (The Central European Telecom Investment
Fund set up by Credit Anstalt and the World Bank amongst others), Hambros Bank, Art Production K,
Tesla Pardubice, Glencor, and Serco.
He operates the UK agency for one of the Czech breweries. The Kozel brand imported by Rolf is now
selling well in all J.D.Wetherspoon pubs. He has created two apartment complexes in Prague (300
appartments), now sold to the Czech Bank, and owns a brewery in the Czech Republic, producing
internationally renowned and sold lager.
In the UK, he is the largest shareholder of Duffs Extreme Sports Shoes and Clothing.
In Cornwall he has purchased and developed 11 apartments on Poltisco Wharf in Truro, buildings in
Redruth including a young music venue, apartments and neighbouring space for the radio station to
utilise should it prove successful in its application. He continues to develop property and business in
Cornwall including Wooden Hand Brewery, Falmouth’s Fairweather Wharf. Rolf has a significant share
in Vixpix Films, a documentary maker of both critical and cultural acclaim, recently making
documentaries on James Elroy, Kasparov and Abraham Lincoln.
Locally, Rolf was instrumental in closing the private financing for the £100M EDEN Project in Cornwall,
working on the successful bid to the Millennium Commission, as a very early member of the project
team which included only Tim Smit, Rolf and three others at the time.
Rolf manages his significant local, national and international business interests from Cornwall, where
he lives with his wife and four children (all at school in Cornwall).
IMD Radio Cornwall Ltd welcomes the extensive business launch and growth experience that Rolf has
developed over the last 25 years, alongside his indepth knowledge of the county and vision for Itchy FM
to become a focal point for young social development within the county.
3