Pronto Media turns first profit since restructuring

24 Nov 2015

The Russian holding of major European classifieds player Trader Media East (TME) was profitable in Q3 of FY2015. It was the company’s first profitable quarter since the company restructured in 2014. Pronto Media, which includes online general classifieds player Irr.ru and recruitment classifieds site Job.ru, either closed or franchized its print business (responsible for over 60 percent of revenue) in September 2014, to focus fully…

Read More

This article is only available to AIM Group clients.

Please subscribe now or to view.
Share

Pavel Marceux

Pavel Marceux joined AIM Group in 2014 as a writer focusing on the Russian market. Following his MA at Edinburgh University, he worked in a number of countries, including Turkey and Japan. Pavel has honed his skills and knowledge at several publishing houses and consumer markets research firms. He is an experienced markets analyst, researcher and editor, who values accuracy, professionalism and honesty in his work above all else. His specialist focus is technology, economics and consumer trends. Splitting his lifestyle largely between London and Moscow, Pavel functions on a truly international platform.