Ringier significantly expands its Eastern European business

Print The Swiss media group Ringier is acquiring the Serbian daily newspaper Blic.

Print The Swiss media group Ringier acquires the Serbian daily newspaper Blic.Print The Swiss media group Ringier acquires the Serbian daily newspaper Blic. The tabloid newspaper has a circulation of 120000 copies and is read by 2.2 million people. Ringier is taking over 74.9 percent, which was previously held by the German publishing house Gruner+Jahr. The minority shareholder remains the
Austrian investment house Vienna Capital Partners. Also in other
Eastern European countries, Ringier is acquiring holdings from Gruner+Jahr, which intends to concentrate on magazines in Eastern Europe in the future. In
In Romania, it is the Expres publishing house with an affiliated printing plant, which also publishes the daily newspaper Evenimentul Zilei with a circulation of 110000 copies. In Slovakia, Ringier increases its stake in the tabloid Novy Cas from 49 to 100 percent. Novy Cas has a circulation of 154,000 copies and a readership of over one million. In the Czech Republic, Ringier buys back its 25 percent stake in its publishing and printing companies.

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