Alma Media to close down recruitment services Monsterpolska.pl in Poland and Monster.hu in Hungary

Alma Media Corporation                                      Press release 27th August 2018

ALMA MEDIA TO CLOSE DOWN RECRUITMENT SERVICES MONSTERPOLSKA.PL IN POLAND AND MONSTER.HU IN HUNGARY

Alma Media’s subsidiary Alma Career will close down the Monsterpolska.pl and Monster.hu recruitment service sites and discontinue the operations of Monster Worldwide Polska SP. Z.o.o. in Poland and Monster Magyarorszag Kft in Hungary. The operations will be phased out by the end of 2018. In 2017, the companies’ total combined revenue amounted to approximately EUR 1.1 million.

“We will continue to be present in these markets. Our focus will be on the development and sales growth of the mobile application Praca za Rogiem, which was launched in Poland in spring 2018, and the online service Workania.hu in Hungary. The websites Monster.fi in Finland and Monster.cz in the Czech Republic will continue as before,” says Marja Pylkkänen, Managing Director of Alma Career.

“We look forward to continuing our work with the Alma Media team in the Czech Republic and Finland, while focusing on the roll-out of HR innovations to best serve our customers and candidates,” says Marc Irmisch-Petit, Managing Director of Monster Europe. “Both markets are hot-spots for young talent, as well as many international companies, which make them ideal areas of focus for our efforts.”

Alma Career Oy is a joint venture of Alma Media and Monster Worldwide Inc., with Alma Media owning 83.3 percent of the company. Alma Career has recruitment operations in nine European countries and is the market leader in seven markets.

Further information
Raimo Mäkilä, Senior Vice President, Head of Alma Markets, tel. +358 (0)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 digitalisation, 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 2,250 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2017 was EUR 367.3 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

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