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May 04, 2015 5:46 AM ET

Media

Company Overview of CZECH NEWS CENTER a.s.

Company Overview

CZECH NEWS CENTER a.s., a media organization, provides a portfolio of printed daily newspapers and magazines, as well as online magazines, Web projects, applications, and the services of a virtual operator and printing works. It publishes daily papers that feature topical sports supplements and advice for active sports participation; print topical magazines; a women’s magazine; specialist motoring titles for men; and online editions, which offer the latest news and information from showbusiness, sport, entertainment, and culture. The company offers mobile operating services providing prepaid calling and text messages; education and practice in the field of modern journalism; and specializes ...

Komunardu 1584/42

Praha 7

Prague,  170 00

Czech Republic

Founded in 1991

Phone:

420 2 2597 7111

Fax:

420 2 2597 7720

Key Executives for CZECH NEWS CENTER a.s.

Chairman and Chief Executive Officer
Chief Editor for Blesk
Chief Editor for Reflex
Age: 46
Chief Editor of Svet Motoru Magazine
Co-Owner
Age: 39
Compensation as of Fiscal Year 2014.

CZECH NEWS CENTER a.s. Key Developments

Ringier Axel Springer Reports Earnings Results for the Year 2012

Ringier Axel Springer reported earnings results for the year 2012. For the year, the company's pre-tax profit rise by CZK 55 million to CZK 498.2 million owing to, among others, CZK 141 million dividend payout from its subsidiary Ringier Axel Springer Print CZ. Total revenues went down by 8.7% to CZK 2.096 billion on a falling advertising income and print run following a VAT hike. Operating profit posted an annual drop of CZK 88.2 million to CZK 345.7 million. The drop in Revenue was to a extent offset by savings in operating costs.

Andrej Babis Denied Reports To Acquire Ringier Axel Springer

Andrej Babis, owner of Agrofert Holding, a.s. denied media reports that its is seeking to acquire Ringier Axel Springer CZ a.s. Karel Hanzelka, the spokesperson for Agrofert, told CIA that the reports were not based on truth and were the outcome of speculation. Andreh Babisls said it had no relation to publishing house Ringier Axel Springer, the spokesperson has stated.

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