THE FINNISH publishing group Sanoma Magazines International sold its publishing business-to-business activities in Slovakia to the Ecopress publishing house in mid 2010, the SITA newswire reported. No financial details were revealed. Ecopress publishes, among others, the Hospodárske Noviny financial daily.
The divesture of Sanoma Magazines Slovakia is an important step for Sanoma Magazines International in its strategy of focusing on core products and core markets, the company said.
In Slovakia, Sanoma Magazines Slovakia’s portfolio was limited to magazines (Stratégie, Obchod, Horeca Magazine, Zdravotnícke Noviny, Sestra, Diabetik, RUN and others) and magazine extensions (like conferences) in the business-to-business market.
Sanoma remains present in Slovakia through its home deco portal, Tvojdom.sk, and a building service website, eStranky.sk.
10. Jan 2011 at 0:00 | Compiled by Spectator staff