Internet guide to St. Petersburg, the cultural capital of Russia Internet Explorer: add to favorites 
St. Petersburg guide / Home page
 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Personal live guide to PetersburgBusiness in St. PetersburgVisa support for your trips
 in St.Petersburg: December 13, 2017; 6:57pm (GMT+4). Search:
 Business news All business news in St. Petersburg 
Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
News at PetersburgCity.com
City news
Business news
Culture news
Anniversary news

Business news
Russia’s Leading Newspaper Becomes Partly Norwegian
06.21.2002 12:56

As from this week, Norwegian media group, A-pressen, owns 25% plus one share in Russia’s leading newspaper Komsomolskaya Pravda.

5% of the shares were sold to A-pressen by Prof-Media, who is still the majority shareholder in Komsomolskaya Pravda, and the remaining 20% came from individual shareholders. The value of the deal is between $5 million and $7.5 million, depending on the newspaper’s results within the next two years. Komsomolskaya Pravda sells approximately 780,000 copies of its daily edition and 2.8 million copies of the weekly one. The Norwegian media group is not a newcomer on the Russian market. It has been active in the country since 1997 and has stakes in several Russian journals and newspapers, such as Peterburg-Express, Izvestie and Sovetskij Sport. A-pressen has also been investing money in printing presses and the company recently launched a $3 million pressing house in Novosibirsk, in addition to two similar plants already functioning in Yekaterinburg and Nizhny Novgorod.

News source: Komersant
Print this news


Business news archive for 21 June' 2002.
Business news archive for June' 2002.
Business news archive for 2002 year.
City news archive
June' 2002
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
30      
Archive for 2002 year


 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Site Map | Search | Help/feedback | About | Advertise with us

Contacts: info@petersburgcity.com

(c) 2001-2016 "Information Resources" Agency