Ringier sells Romanian sports newspaper

Ringier is selling the Romanian sports newspaper Prosport to Mediapro, the publishing division of the Romanian publishing company Publimedia, effective January 2008. The parties have agreed not to disclose the sale price.

 Ringier is selling the Romanian sports newspaper Prosport to Mediapro, the publishing division of the Romanian publishing company Publimedia, with effect from January 2008. The parties have agreed not to disclose the sale price. Mediapro is taking over the entire editorial team from Ringier as well as the staff employed for the special competitions organized by Prosport. The new owner guarantees that the working conditions will not be changed for at least six months, Ringier announced on Tuesday. Together with Prosport, Mediapro is also taking over all trademarks and domain names associated with the title. The magazine has a circulation of 76,446 copies on weekdays and 49,557 copies on Sundays according to the current certification.

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