Alma Media launches City365 real estate portal in Serbia

Alma Media Corporation Press release 15 October 2008

 

ALMA MEDIA LAUNCHES CITY365 REAL ESTATE PORTAL IN SERBIA

Alma Media’s Marketplaces business unit continues to expand internationally in line with its strategy and opens a home and real estate portal City365 in Serbia. The portal has an extensive and actual offering of retail and office real estates in the country.

 

Besides the offering in Serbia, users of the site will have an opportunity to search for real estates also from Croatia, Finland, Russia, Estonia, Lithuania, Latvia, Poland, Ukraina, Bulgaria and Sweden – all countries where Alma Media already operates a real estate portal.

 

In Finland, the corresponding service is Alma Media’s Etuovi.com.

 

“Our European portals in the City24 family have close to one million unique visitors monthly. Today, we cooperate with more than 1,500 real estate companies in Europe, which proofs that the offering of our portals is extensive and always up-to-date” says Raimo Mäkilä, Senior Vice President of Alma Media.

 

The launch of City365.rs took place today in the Finnish Embassy in Belgrad.

 

 

For further information, please contact

Raimo Mäkilä, Senior Vice President, Marketplaces, tel. +358 10 665 5802

 

 

 

 

Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and online media. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.

Net sales in 2007 totalled EUR 329 million and the operating margin was over 19%. The company’s share is listed in the Mid Cap segment of the OMX Exchange’s Nordic List, trading code ALN1V.