Ringier Axel Springer has increased its stake in IT recruitment site NoFluffJobs.com to 70% of the company shares, up from 44% before the transaction. The value of the transaction was not disclosed.

No Fluff Jobs was established in 2014 in Poland. Ringier Axel Springer first invested in the company in July 2018. In October 2019, the site expanded into Hungary and in the following years also into the Czech Republic, Slovakia, Belarus, and Ukraine.

The investment will let Ringier Axel Springer take No Fluff Jobs to the next level of international development and build a strong platform with IT job offers in the dynamic and growing global market of IT professionals, said Mark Dekan, CEO of Ringier Axel Springer Polska, in a news release announcing the transaction.

No Fluff Jobs focuses specifically on listings for IT specialists. It publishes standardized and comparable job offers. Listings contain all information about a given job position, including the salary and bonuses offered by the employer. The site saw 842,400 visits in February, according to SimilarWeb.com.

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