Alma Media focuses in recruitment services in Slovakia and divests its car portal in the country

Alma Media Corporation         Press release         April 3, 2013 at 15.00 EEST


ALMA MEDIA FOCUSES IN RECRUITMENT SERVICES IN SLOVAKIA AND DIVESTS ITS CAR PORTAL IN THE COUNTRY

Alma Media Corporation sells its Slovakian used car portal service autovia.sk to the leading Slovakian internet portal Azet.sk, in which Ringier Axel Springer Slovakia holds the majority. The deal has only minor financial impact for Alma Media as the annual revenue of Autovia.sk is less than MEUR 0.5.

Alma Media became the owner of Autovia.sk in November 2012 through a larger acquisition of several online business assets. The deal was a continuation to acquisitions made in the beginning of 2012, and made Alma Media the largest online recruitment service provider in the Czech Republic, Slovakia and Croatia.

– Alma Media continues to focus on recruitment portal businesses in Eastern Central Europe. We are pleased that Autovia.sk has a new owner that can fully develop it further, comments Raimo Mäkilä, head of Alma Media’s Marketplaces business.

For more information, please contact:
Raimo Mäkilä, Senior Vice President, Head of Marketplaces, Alma Media Corporation, tel. +358 10 665 5802
Alexandra Delvenakiotis, Head of Corporate Communications, Ringier Axel Springer Media AG, tel. +41 44 267 29 14

Alma Media in brief

Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company’s products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media’s revenue in 2012 totalled approximately MEUR 320. Alma Media’s share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com

Share article