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	<title>AIM Group &#187; Eastern Europe</title>
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		<title>Schibsted buys into Hungarian auto site</title>
		<link>http://aimgroup.com/2012/11/19/schibsted-buys-into-hungarian-auto-site/</link>
		<comments>http://aimgroup.com/2012/11/19/schibsted-buys-into-hungarian-auto-site/#comments</comments>
		<pubDate>Tue, 20 Nov 2012 03:36:42 +0000</pubDate>
		<dc:creator>AIMGroup</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Eastern Europe]]></category>
		<category><![CDATA[Marketplace]]></category>

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		<description><![CDATA[
    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 [...]]]></description>
	
    			<content:encoded><![CDATA[<p>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.</p>
<p>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, <a href="http://schibsted.com/Press-Room/News-archive/2012/Schibsted-buys-share-of-Hasznaltautohu/">Schibsted said in the news release</a>. The site generates an average of 18 million page-views daily with 200,000 unique users.</p>
<p>“Hasznaltauto.hu &#8230; represents an important part of strengthening our ambitions in the Hungarian online classifieds market,” said Zoltan Peresztegi, the Schibsted Classified Media VP responsible for Hungary. “Through closer cooperation and support from Schibsted Classified Media, we believe we can develop both Hasznaltauto.hu and Jofogas.hu further.”</p>
<p>Jofogas.hu entered the market in late 2010, about the same time as Allegro Group (owned by Naspers) launched Aprod.hu. Both are competing against the entrenched general classified site, Expressz.hu, owned by Trader Media East and affiliated with several print publications. Jofogas has gained traffic steadily on both sites, but appears to be in third place in an extremely tight race. Schibsted said Jofogas.hu has the country’s largest classifieds database.</p>
<p>Terms of the deal, for 50 percent of the shares in Hasznaltauto Informatikai Kft., were not disclosed.</p>
<p>&nbsp;</p>
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		<title>Rosener appointed CEO of Sanoma Media Russia &amp; CEE</title>
		<link>http://aimgroup.com/2011/12/20/rosener-appointed-ceo-of-sanoma-media-russia-cee/</link>
		<comments>http://aimgroup.com/2011/12/20/rosener-appointed-ceo-of-sanoma-media-russia-cee/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 19:12:00 +0000</pubDate>
		<dc:creator>AIMGroup</dc:creator>
				<category><![CDATA[Eastern Europe]]></category>
		<category><![CDATA[World news releases]]></category>

		<guid isPermaLink="false">http://figgynewton.com/aim/?p=23272</guid>
		<description><![CDATA[
    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 [...]]]></description>
	
    			<content:encoded><![CDATA[<h2></h2>
<div>Published December 20, 2011</div>
<div>
<p>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.</p>
<p align="justify">Rosener (42, German) joins Sanoma from German media company Bertelsmann. She will be based in Warsaw, Poland and report to Sanoma President &amp; CEO Harri-Pekka Kaukonen. Having Rosener based in the region enables her to experience local issues and challenges directly and close-by.</p>
<p align="justify">“I am very happy that Heike Rosener is coming on board. Heike is one of the few media professionals with a real sensitive feeling towards doing business in the region. We need to develop a multimedia portfolio, tackle the challenges related to declining magazine circulations and digitisation, as well as respond to the weakening general economic conditions. I firmly believe Heike is up for those tasks, ” comments Harri-Pekka Kaukonen, President &amp; CEO of the Sanoma Group.</p>
<p align="justify">With a background in Slavonic and German literature complemented with a business education at HBS, Rosener gained experience in building up Bertelsmann´s Professional Information activities in Poland and Germany as CEO of publishing house WEKA´s Law &amp; Tax unit, for which she implemented a turnaround programme.</p>
<p align="justify">After a period as strategic consultant for international media companies, Rosener returned to Bertelsmann in 2002 when she became CEO of Bertelsmann Media Poland.</p>
<p align="justify">“I am excited to join Sanoma and build on the strong foundation Sanoma Media Russia &amp; CEE has established in the region, ” Rosener states. “The market situation is challenging, but I have every faith that our experience paired with the skilful people of our business units will help Sanoma Media Russia &amp; CEE to reach its fullest potential.”</p>
<p align="justify">Sanoma Media Russia &amp; CEE is focused on consumer media in nine countries throughout the region, with Russia and Hungary as the most important markets. Its business units have built up strong positions in consumer magazines and digital media since the early 1990s, and are piloting with television as well. In 2010, Sanoma Media Russia and CEE generated net sales of EUR 215 million.</p>
<p align="justify">Sanoma Corporation</p>
<p align="justify">Kim Ignatius<br />
Chief Financial Officer</p>
<p align="justify">Contact information: Robin Janszen,</p>
<p align="justify">Vice President, Communications,</p>
<p align="justify">tel.  +31 20 851 2126</p>
<p align="justify">Sanoma.com</p>
<p align="justify">Sanoma inspires, informs and connects. As a diversified media group, we bring information, experiences, education and entertainment to millions of people every day. We make sure that quality content and interesting products and<br />
services are easily available and meet the demands of our readers, viewers and listeners. We offer a challenging and interesting working environment for nearly 20,000 people in over 20 countries throughout Europe. In 2010, the Group´s net sales totalled EUR 2.8 billion.</p>
<p align="justify">This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:<br />
(i) the releases contained herein are protected by copyright and<br />
other applicable laws; and<br />
(ii) they are solely responsible for the content, accuracy and<br />
originality of the information contained therein.</p>
<p>Source: Sanoma Oyj via Thomson Reuters ONE</p>
</div>
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		<title>Axel Springer sells Romanian print interest</title>
		<link>http://aimgroup.com/2011/08/26/axel-springer-sells-romanian-print-interest/</link>
		<comments>http://aimgroup.com/2011/08/26/axel-springer-sells-romanian-print-interest/#comments</comments>
		<pubDate>Fri, 26 Aug 2011 15:17:21 +0000</pubDate>
		<dc:creator>AIMGroup</dc:creator>
				<category><![CDATA[Eastern Europe]]></category>
		<category><![CDATA[Switzerland]]></category>
		<category><![CDATA[World news releases]]></category>

		<guid isPermaLink="false">http://figgynewton.com/aim/?p=23724</guid>
		<description><![CDATA[
    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 [...]]]></description>
	
    			<content:encoded><![CDATA[<h2></h2>
<div>Published August 26, 2011</div>
<div>
<p align="left">Zurich, 25 August 2011</p>
<p align="left">Press statement as it appeared on the Ringier AG website:</p>
<p align="left">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 biggest magazine publishers in Romania. Ringier thus adds to its existing activities in Romania, comprising all ELLE, AVANTAJE, LOOK!, PSYCHOLOGIES, ÎNTÂMPLARI ADEVARATE, POVESTEA MEA, LUCRU DE MÂNA, POVESTI DE VIATA und BABY, as well as the Romanian version of VIVA! the teenage Popcorn magazine and the Custom Publishing Division.</p>
<p>Ringier has been active in Romania since 1992 and today, with its over 400 employees of the Ringier Romania S.R.L., is a leader in the international publishing segment of the country.Ringier Romania operates around a dozen print and online products, amongst which the leading tabloid paper «Libertatea».The Edipresse Romania activities will be integrated in the organization of Ringier Romania.</p>
<p><strong>Florian Fels,</strong> CEO of Ringier Central Europe: «The purchase of Edipresse A.S. Romania is an important step for the successful future development of our associative Ringier Romania establishment. The newly gained and well developed portfolio ideally suits our existing magazines structure and further compliments this with strong titles».</p>
<p><strong>Michel Preiswerk, </strong>CFO and COO Edipresse Group: «This change in shareholding will offer Edipresse A.S. Romania and its employees great new development opportunities and allow Edipresse to focus in its other markets and activities».</p>
<p><strong>Ralph Büchi,</strong> President Axel Springer International: «Through the sale of our share, in future we shall concentrate even more strongly on our European core market as well as digital growth activities.We thank the management team, together with all Edipresse A.S. Romania employees, for the many years of trusted collaboration.»</p>
<p>The takeover of the Edipresse A.S. Romania through Ringier Romania S.R.L. remains subject to agreement on behalf of the Romanian competition authorities.</p>
<p>Ringier Corporate Communications</p>
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