Fourth Romanian free daily
Monday 21 April a second free daily launched in the Romanian capital Bucharest. Ring is distributed in 50,000 copies by street distribution and at subway entrances. It is the fourth title in the country.
The new compact paper counts 16 pages and covers politics, show-biz and sports with an emphasis on the last subjects, according to the ‘media details‘ blog, one of the best sources on media developments in Eastern Europe.
Ring is published by Confort Media SRL, a company owned by two Romanian entrepreneurs Robert and Ionut Negoita. The owners have been active in real estate, hotels and commercial operations (carpet retail). This is their first media project.
Ring’s editor in chief is Alexandru David, an ex-editor of gossip weekly VIP. A team of 40 people ate working for Ring: 28 as journalists.
The newspapers website ziarulring.ro is not yet active. The investment is around 10 million euros in 2 years according to the owners. They also want to go into radio and TV.
In Bucharest, also free daily Compact (Ringier) is published since 2006 while Curentul has a more national distribution. Inform Media publishes free daily Expres in Timis, Arad, Hunedoara and Cluj. (Media Details)