Alma Media divests the Kuriiri town paper in Ranua

Alma Media Corporation                     Press release 1 July 2015 at 9:00 a.m. (EEST)

ALMA MEDIA DIVESTS THE KURIIRI TOWN PAPER IN RANUA

Alma Media’s subsidiary Alma Media Kustannus Oy is divesting Kuriiri, a town paper delivered to all households in Ranua and Posio. Starting from 1 July, the new publisher of the town paper is Kuriirilainen Oy, a company owned by the paper’s current personnel.

Kuriiri is published once a week. The paper is delivered to all households in Ranua and Posio. In addition, a quarter of the print run of 6,300 copies is delivered to households outside the delivery area on a subscription basis.

The paper’s four employees are transferred as existing employees to the new company they have established.

For more information, please contact:
Kari Juutilainen, Managing Director, Alma Media Kustannus Oy, +358 50 435 4159
Jari Ranua, Sales Manager, Kuriiri / Kuriirilainen Oy +358 10 665 6431

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. In 2014, the company employed an average of 1,830 professionals (excluding deliverers), of whom approximately one quarter worked outside Finland. Alma Media’s revenue in 2014 totalled approximately EUR 295 million. Alma Media’s share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com.

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