Zurich regional newspapers extend partnership

Publishers The Zurich regional newspapers involved in the Oetwil printing center (DZO) have decided to increase their printing capacity by purchasing a new rotary press, and to this end Zürcher Oberland Medien, Zürichsee Presse, Akeret Verlag and Walter Reist Holding have renewed their shareholders' agreement. It now lasts until the end of 2012 and can be extended for five years at a time without notice. The new press is to be installed at the beginning of 2005 and commissioned in the middle of the year. The total investment project amounts to CHF 30 million.