In 2010, Ringier and the German publishing company Axel Springer launched the joint venture Ringier Axel Springer Media AG, focusing on Central Europe and incorporating their existing business in the Czech Republic, Poland, Serbia and Slovakia. Each partner owns a 50 percent stake in the new company. Ringier Axel Springer Media AG strengthens the two partners' position in these growing markets with a combined output of over 70 print publications and more than 60 online products. A dynamic merger of independently operating subsidiaries, Ringier Axel Springer Media AG is based on leading and successful media brands such as FAKT, Blesk, Novy Čas and Blic. Focused on growth and digitalization, the broad portfolio makes Ringier Axel Springer Media the regional market leader in widely circulated tabloid dailies as well as one of the largest magazine publishers.