Portfolio adjustment of Ringier Hungary: Sale of crossword magazines Ügyes, Eszes and Rejtvény Terefere

Ringier Hungary sells its crossword magazine division consisting of the brands Ügyes, Eszes and Rejtvény Terefere to CsoSch Ltd. The transaction marks Ringier Hungary's move to sharpen its portfolio and further develop its position as a leading digital media company. As of December, the magazines will be published by CsoSch Ltd, the publisher of Kedvenc crossword puzzle publications.

As Ringier Hungary further focuses on its digital portfolio, the media company with a 30-year history in Hungary is selling its crossword magazine division, which includes twenty-three different publications under the brands Ügyes, Eszes and Rejtvény Terefere.

Tibor Kovacs, Managing Director of Ringier Hungary: “As Ringier Hungary we have been operating successfully for 30 years. We continue to pursue our strategy of being a leading, forward-looking and continuously developing media company in Hungary.

We are confident that CsoSch Ltd. is the perfect owner for these popular and well-performing magazines, as they are specialized in the publication of puzzle magazines. Their expertise and experience will further contribute to the success of Ügyes, Eszes and Rejtvény Terefere”.

Ringier Hungary’s media portfolio includes well-known flagship brands such as Blikk, Glamour and Kiskegyed, which are established leaders in their respective media sectors – both print and online.

Its digital offerings also include the health-focused platform EgészségKalauz.hu, Noizz.hu, a YoungGen offering, and Sportal.hu for sports fans.

Ringier AG, Corporate Communications