Matovič’s publishing house regionPRESS has changed hands

Igor Matovič confirmed the sale and promised to return to the deal at a press conference next week

Igor MatovičIgor Matovič(Source: Sme - Gabriel Kuchta)

One of the biggest regional newspaper networks has a new owner. Pavlína Matovičová, spouse of MP Igor Matovič, has sold the publishing house regionPRESS to the company Z+M Press owned by two Czech businessmen, the Sme daily reported.

RegionPRESS publishes 36 regional weeklies, for example Bratislavsko, Trnavsko, Žilinsko and Košicko. These are free regional newspapers that have been on the market since 1997 and are distributed to 1.5 million households. They combine classifieds with regional news.

The value of the transaction has not been revealed.

With this purchase, Z+M Press will expand its business activities in Slovakia.

“We are pleased that we have successfully completed the whole acquisition process for regionPRESS and we can now start to fully focus on growth in the Slovak market,” said David Ševčík director of Z+M Press, as cited by the SITA newswire from a press report. “This acquisition offers great potential and it will be a challenge for us to expand our activities through an established company with tradition and experience.”

RegionPRESS reports turnover in millions of euros. It reported sales of €5.3 million last year and reported an aggregate profit of €8.7 million between 2010 and 2016.

Igor Matovič confirmed the sale of the company and promised to return to the deal at a press conference next week.

The sale of the publishing house does not affect the ongoing investigation of Matovič and his old trade license.

Read also:Matovič manipulated accounting books Read more 

Matovič’s movement, OĽaNO, used the newspapers for political agitation when its representatives used to have their columns there.

The new owner will likely halt this content. Ševčík said that after the change of ownership regionPRESS will be an apolitical company.

“One of the basic principles of our functioning is that we refuse to actively engage with politicians and political parties,” said Ševčík.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

The start of trial in the Kuciak and Kušnírová murder case set

The court plans to publicly hear the indictment.

Illustrative stock photo

A sad anniversary: The High Tatras turned into a moonscape 15 years ago

A strong windstorm damaged vast forests in 2004, leaving two people dead.

Slovakia was hit by a strong windstorm on November 19, 2004, causing massive damage to nature and people

Blog: 30 years after the Velvet Revolution, we still haven't found the Slovak original

November 17, 1989 was all about giving another chance to dreams stolen in 1948 and 1968.

Illustrative stock photo

Who is the new patron of Košice?

Naming the new patron symbolically closes a circle as the saint has been worshipped in the city for centuries, according to the mayor.

The ceremonial mass in St Elizabeth's Cathedral in Košice.