Eastern Europe

Alma Media’s Q2 digital revenue increases

The revenue of Alma Media’s division Digital Consumer Services, which houses the classified business of the company*, increased by 4.9 percent in Q2 of FY2014 from Q2 in FY2013. In Q2 of FY2014 revenue of the Digital Consumer Services division amounted to €14 million ($18.9 million U.S.). In Q2 of FY2013 it came to €13.4 million. Of the total revenue, the businesses in Finland...

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Schibsted Classified Media has new director in Hungary

Starting from July 1, Schibsted’s operations in Hungary are managed by a new executive director, Géza Palocsay-Zubor, Hungarian media reported. Géza Palocsay-Zubor (LinkedIn profile here) previously worked as sales director at Sanoma Hungary and at the country’s e-commerce company Arukereso.hu. Schibsted Classified Media, previously headed by Laszlo Budai, sees operations in Hungary as...

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Allegro appoints new ad and digital agencies

Allegro Group has just chosen Bardzo and Tribal DDB as its advertising and digital agency respectively. The agencies are to develop a long-term advertising strategy and launch an ad campaign in Poland (to start in July) as well as in Ukraine and the Czech Republic (to start in autumn). Allegro’s new advertising strategy is to link branding and sales objectives of each individual category on...

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In Ukraine classified players are lined up for fierce battle

Research conducted recently by a Ukrainian IT entrepreneur Evgeny Sisoyev shows a number of sites are competing fiercely for the No. 1 positions in the country’s horizontal and vertical classified markets... This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

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Slando.ua slips into Top 10 in Ukraine

General classified site Slando.ua, Ukraine’s leader among both generalists and on the number of real estate listings, has made it into the country’s 10 most popular websites in March, according to Internet research company Gemius. Slando.ua is the only classified site in Ukraine’s Top 20 ranking. In March it received 3.9 million unique monthly visitors, 34 million monthly desktop...

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Sanoma sells its Hungarian media operations

Sanoma has announced it is selling Sanoma Media Budapest to Centrál Group, a financial services firm. The transaction includes Hungary’s leading job site Profession.hu. The deal marks the departure of Sanoma from the Hungarian market. The closing of the transaction is subject to the approval of the competition authorities. Sanoma has been present in Hungary since 1992. In 2013 the net...

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