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In Brief: Ringier was on profit in Romania


ringier-logo1Ringier Romania, company that owns Libertatea tabloid, many magazines and the jobs portal, had, in 2012, a total turnover of 48.7M Swiss francs, a considerable growth compared to last year, according to Swiss Ringier annual report, quoted by Hotnews.


Without offering exact data, Ringier mentions that the Romanian operations were on profit “for the 2nd year in the row, after a period when they were posting losses”. Internationally, Ringier’s EBITDA was of 99.5 Swiss francs, 55.2% up compared to previous year.
According to the report, Ringier Romania got money from sales (8.4M Swiss francs), advertising (5.6M), printing related activities (12.7M) and other activities (22M)

Translation provided by AdHugger

Autor: Carmen Maria Andronache

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