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Ringier Magyarország bounces back in 2010

Ringier Magyarország, the Hungarian unit of Swiss media group Ringier, had revenue of 94.2 million Swiss francs last year, daily Napi Gazdaság reported.

Sales in 2010 returned to pre-crisis levels despite the shrinking advertisement market and falling copy sales in Hungary, the paper said.

Ringier Magyarország owns a handful of publications, including Blikk, Hungary's largest tabloid, sports daily Nemzeti Sport and Hot magazine.

At group level, Ringier earnings more than tripled to 61.8 million Swiss francs on revenue of 1.26 billion Swiss francs.