Eastern Europe

Schibsted buys into Hungarian auto site

Schibsted, which operates the No. 3 general-merchandise classified site in Hungary, has acquired 50 percent of Hasznaltauto.hu, the country’s leading automotive site, the company said Monday. Hasznaltauto has the largest database of new and used cars in Hungary, with more than 80 percent of the inventory available in Hungary listed on the site, Schibsted said in the news release. The site...

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Rosener appointed CEO of Sanoma Media Russia & CEE

Published December 20, 2011 Sanoma appointed Heike Rosener as CEO of Sanoma Media Russia and CEE and member of Sanoma´s Executive Management Group as of 1 February 2012. She will succeed Koos Guis, who will retire on Jan. 1 2012. Rosener (42, German) joins Sanoma from German media company Bertelsmann. She will be based in Warsaw, Poland and report to Sanoma President & CEO...

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Axel Springer sells Romanian print interest

Published August 26, 2011 Zurich, 25 August 2011 Press statement as it appeared on the Ringier AG website: Ringier AG, Switzerland’s largest internationally operating media establishment, today announced the total purchase of Edipresse A.S. Romania, a joint venture of the Swiss Edipresse publishing group and the German Axel Springer media establishment. Edipresse A.S. Romania is one of the...

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