Alma Media to execute its plan to renew its printing facilities in Tampere

Alma Media Corporation  Stock Exchange Release  March 11, 2010 at 17.05

 

ALMA MEDIA TO EXECUTE ITS PLAN TO RENEW ITS PRINTING FACILITIES IN TAMPERE

Alma Media Corporation announced on December 17, 2009 that it has initiated preparations for an investment aiming at the renewal of its Tampere newspaper printing facilities. The company has now decided to proceed with the initiative to the execution phase.

The new printing facility will be located in the Pirkanmaa region in new premises rented by Alma Media.

The total value of the investment will be EUR 50 million maximum. The new printing facility is estimated to be operational in 2013.

Alma Media has three newspaper printing facilities, which are located in Pori, Tampere and Rovaniemi. The titles printed in Tampere include Aamulehti, Kauppalehti and the major part of Iltalehti.

 

Alma Media Corporation
Rauno Heinonen
Vice President, Corporate Communications and IR

 

For further information, please contact:

Helvi Liukkaala, Head of Alma Media’s printing and delivery operations, tel. +358 10 665 3009

Kai Telanne, President & CEO, tel. +358 10 665 3500

 

Distribution: NASDAQ OMX Helsinki, principal media

 

Alma Media in brief

Alma Media is a profitable and internationally expanding company with a focus on the future of newspapers and online services. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.

Alma Media’s net sales in 2009 totalled MEUR 307.8 with an operating margin of 13.5 per cent. The company’s share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi

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