Sanoma sells its Serbian operations
Sanoma Corporation, Investor News, 10 December 2013 at 11:00 CET+1
Sanoma and its partners Gruner + Jahr and Styria Media have sold their joint venture Adria Media Serbia to Kurir-info. This transaction marks the departure of Sanoma from the Serbian market.
The divestment is in line with Sanoma’s strategy to focus its operations and divest selected ownerships.
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Get the world. Sanoma helps people access and understand the world. Sanoma is a front runner in consumer media and learning in Europe. We employ around 10,000 professionals in more than 10 countries. In 2012, the Group’s net sales totalled EUR 2.4 billion. Sanoma’s share is listed on the NASDAQ OMX Helsinki.