Axel Springer sheds print in Romania

26 Aug 2011
German media group Axel Springer took another step in the direction of a digital future, when it sold its shares in the joint venture Edipresse A.S. Romania to Swiss media group Ringier AG for an undisclosed amount.Ralph Büchi, president of Axel Springer International motivated the sale of print interests: "We want to concentrate even more strongly on our European core market and our

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Christo Volschenk

Christo Volschenk is managing editor of the news on and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.