German investor increases its involvment on the Romanian media market

September 23, 2007 on 4:32 pm | by Iulian Comanescu | In New media, Print media |

European Media Investment AG (EMI), an ARBOmedia company, is planning a strategic expansion on the Romanian market, by continuing the local newspapers takeover campaign, investing into two printing plants and a local news Internet portal. ARBOmedia/EMI is already present on the Romanian market with several local titles. Its main competitors are the Austrians from Inform Media and also the PubliMedia local network, developed by Adrian Sârbu with CME support.

ARBOmedia also owns 80% of one of the two most important internet advertising brokers.

The EMI board recently took the decision to get listed at the Frankfurt Stock Exchange, according to [EN] Finanztreff.de.

ARBOmedia.ro [EN]

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