Alma Media’s LMC sells VysokeSkoly.cz web portal

Alma Media Corporation                        Press release August 9, 2017 at 11.00 a.m

ALMA MEDIA’S LMC SELLS VYSOKESKOLY.CZ WEB PORTAL

Alma Career Oy's subsidiary and the leading provider of recruiting services in the Czech Republic, LMC has sold VysokeSkoly.cz, a web portal with information and services focused on tertiary education, to EDUroute. The parties have agreed not to disclose the value of the deal. In the arrangement, Alma Media will receive an estimated 0.6 million euros profit from the sale which will be reported in the figures for the third quarter of 2017.

Except its flagships Jobs.cz, Prace.cz (career portals) and Teamio (web application for recruiters) LMC has been investing into development of its new services like Seduo.cz (open online courses platform), Profinaut (mobile app for interconnection between project owners and skilled specialists), EasyTask.cz (effective outsourcing of smaller tasks to contractors) or Práce za rohem (mobile app for location-based job search) last few years.

Further information: Raimo Mäkilä, SVP, Alma Markets, tel. +358 10 665 5802

Alma Media in brief

Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitality, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,300 professionals (excluding delivery personnel), of whom approximately 30% work outside Finland. Alma Media’s revenue in 2016 was EUR 353.2 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

  • Date: 9.8.2017, 11:00
  • News type: Press release

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