08.10.08

Ringier now holds all shares of the Serbian operations

After taking over the shares from minority shareholder VCP Media Partners B.V. effective 7 October 2008, Ringier AG now has full control over its publishing and printing operations in Serbia.

Ringier has been active in Serbia since November 2003. The company is headquartered in Belgrade and publishes a total of three newspapers, including Blic, the most widely read daily paper in the country. Ringier also owns two magazines, three websites, the distribution/subscription company Transpress and the printing facility APM Print in Belgrade. VCP Media Partners B.V. had acquired a 25.1 percent interest in Ringier.d.o.o and Blic Marketing d.o.o after Ringier entered the market. Ringier Serbia currently has 477 employees.

Ringier Group Communications