Ringier Axel Springer Media buys jobs portal

Deals

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

Surety Stock at State-owned Guarantors Set to Climb Analysis

Surety Stock at State-owned Guarantors Set to Climb

Lawmakers to Vote Monday on New President Parliament

Lawmakers to Vote Monday on New President

AutoWallis Group to Remain Opel Importer in Hungary, 3 CEE C... Automotive

AutoWallis Group to Remain Opel Importer in Hungary, 3 CEE C...

Hungarians Prioritizing Travel Over Renovations This Year Tourism

Hungarians Prioritizing Travel Over Renovations This Year

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.