Eastern Europe

Healthy growth for Alma Media Digital Divison in Q2

The revenue of Alma Media’s division Digital Consumer Services, which houses the classified business of the company, increased by 9.4 percent in Q2 of FY2015 from Q2 in FY2015. Its operating profit surged by 56.9 percent. The businesses included in this division are (in Finland) Etuovi.com, Vuokraovi.com, Gofinland.fi, Monster.fi, Autotalli.com, Telkku.com, Kotikokki.net, E-kontakti.fi,...

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Alma Media’s Q1 digital revenue and profit increases

The revenue of Alma Media’s division Digital Consumer Services, which houses the classified business of the company, increased by 6.7 percent in Q1 of FY2015 from Q1 in FY2014. Its operating profit surged by 16 percent. The businesses included in this division are (in Finland) Etuovi.com, Vuokraovi.com, Monster.fi, Autotalli.com, MyyJaOsta.com, Telkku.com, Kotikokki.net, E-kontakti.fi,...

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Naspers appoints new managers in CEE

Tomasz Nowak (photo) was promoted to the newly created position of chief operating officer of the Central and Eastern Europe (CEE) marketplace segment of Naspers Group. Anna Pardej (photo) was appointed as chief financial officer. In this position Nowak (LinkedIn profile) is responsible for customer service, advertising offer development and strategic business partnerships. Earlier he was...

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Ringier completes acquisition of eJobs in Romania

Swiss media company Ringier AG completed its acquisition of Romanian jobs site EJobs.ro by purchasing the 30 percent stake still held by the two founders, Liviu Dumitraşcu and Daniel Tătar. Ringier Digital first invested in the Romanian job site when it acquired a majority of 70 percent of the shares of the EJobs Group S.A. in March 2012. In a media statement (here in English) Ringier pointed...

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Trovit expands to four new countries

Trovit, the multi-vertical aggregator, has expanded into four new countries: Czech Republic, Romania, Denmark and Hungary. The Barcelona-based aggregator, which was purchased by Japanese firm Next late in 2013, has developed a powerful global presence. Apart from Europe, Trovit operates in Latin America, Africa, Asia and Oceania. This latest market expansion means Trovit is established in 43...

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Alma Media’s digital business revenue up, but profit drops in FY2014

Alma Media’s division Digital Consumer Services, which houses the classified business of the company, increased both revenue and profit in Q4 of FY2014 thanks to good performance of its recruitment businesses. Over the full financial year 2014, the segment’s revenue increased, but profit slightly dropped. The businesses included in this division are (in Finland) Etuovi.com, Vuokraovi.com,...

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