Sanoma withdraws from Baltics to focus on Finland

17 Mar 2017

Sanoma Media Finland sold its subsidiary Sanoma Baltics to a consortium consisting of members of the management team, and a private equity investor BaltCap for about €10 million ($10.7 million U.S.). The divestment marks Sanoma’s exit from the Estonian market. Sanoma Media Finland will focus on further developing its strong, multi-channel operations in Finland, the company said in the news statement announcing the transaction. In…

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Andrzej Sowula

Andrzej Sowula has been a writer and an analyst for AIM Group since March 2013, focusing on the Polish market. As a journalist, he has worked in Poland for regional newspapers and national Internet-focused magazines for almost a decade. He has also substantial both in-house and in a PR agency experience as a PR specialist. Currently, he owns a small PR consultancy in Poland called PR Solutions. Andrzej has graduated from Journalism, Political Science and Business and Management at Jagiellonian University. He lives and works in Krakow.