Springer & Ringier team up in Eastern Europe
German publisher Axel Springer and Swiss publishing house Ringier are joining their Eastern European operations in one company.
Both companies are market leader in ‘boulevard’ newspaper in their home countries (Bild in Germany, Blick in Switzerland) and operate similar papers in Poland (Springer’s Fakt), Serbia, Romania, Hungary, the Czech Republic and Slovenia (Ringier).
In Serbia Ringier also operates free daily 24 Sata. Ringier cooperates with Metro International in Hungary on printing facilities.
In total the operation concerns more than 100 print titles, 34 of those are newspapers. (Persoenlich)