07.07.09

Ringier continues growth in Hungary

Ringier AG is taking over all parts of the German, Bauer Media Group publishers share in the communal «Euromedia» joint venture in Hungary. Consequently, Ringier Hungary is now sole issuer of 15 newspapers and magazines.

Since 2002, in a joint venture, both publishing houses each held a 50 percent share of the international magazines Bravo, Bravo Girl, Tina and Buci Maci – as well as the national title Blikk Nök (weekly women’s magazine), IM (a monthly teen magazine) and hot! (a weekly star/boulevard magazine). All titles will continue to appear. The takeover is yet to be approved by the Hungarian competition board.

Ringier Group Communications