Ringier Axel Springer Media buys jobs portal
Hungary's Central Médiacsoport on Friday said it is selling its jobs portal Profession.hu to Ringier Axel Springer Media.
The transaction will close after it is cleared by the Competition Office. Central Médiacsoport did not disclose the sale price. It acquired Profession.hu as part of the Sanoma portfolio earlier in the year. The site gets more than 380,000 visitors a month, making it the market leading jobs portal in Hungary.
ADVERTISEMENT
Századvég Puts 2023 GDP Growth at 0.6%
Parliament Negates Mandatory Membership in MOK
MNB Grants License to Local iBanFirst Fintech Branch
Meet the Expat CEO of the Year Nominees
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
