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Politika AD

Now state owned company Politika AD was founded in 1904 by journalist Vladislav Ribnikar. In 1997 it became a joint stock company. Politika AD was the publisher of Politika before WAZ bought part of it. Today, they are publishing a couple of specialized magazines. The Ministry of Economy submitted an initiative for privatizing Politika AD in 2013. In November 2016, the Commercial Court in Belgrade appointed a bankruptcy administrator for this company. Ilustrovana politika, one of the company's media outlet, was in the spotlight last year because of their articles in which they attacked independent media but also journalists who were part of Commission for Investigating Murders of Journalists. These attacks were run by journalists from Milosevic era and after one of them, Vucic's media adviser, Suzana Vasiljevic resigned as a member of Supervisory board in Politika.

Key facts

Business Form

public

Legal Form

joint stock company

Business Sectors

publishing, printing

Ownership

The Disability and Pension Fund of the Republic of Serbia

Fund established for the purpose of executing rights from pension and disability insurance and providing funds to execute these rights.

29.4%
Media Outlets
Other Media Outlets

Other Print Outlets

Politikin Zabavnik
Ilustrovana Politika
Bazar
Svet kompjutera
Viva
Enigmatika
Razbibriga

Facts

Media Business

Printing

General Information

Founding Year

1904

Founder

Vladislav Ribnikar

Affiliated Interests Founder

Vladislav Ribnikar – a Serbian journalist died in the First World War in 1914. After that, the newspaper was in the hands of the Ribnikar family until the Second World War.

Employees

262

Contact

Cetinjska 1, 11000 Belgrade, Serbia

Tel: +381 11 3301-664

Website: www.politika-ad.com

 

 

 

Tax/ ID Number

Tax number 100002524; ID number 07021747

Financial Information

Revenue (Financial Data/ Optional)

7.1 Mio. $ / 767.4 Mio. RSD

Operating Profit (in Mill. $)

-5.5 Mio. $ / -592.7 Mio. RSD

Advertising (in % of total funding)

0.27 Mio. $ / 29.9 Mio. RSD

Management

Executive Board

Zefirino Grasi, Director – long-serving Editor-in-Chief of Politikin Zabavnik

Supervisory Board

1. Nemanja Stevanovic, President of the Supervisory Board - he was the special advisor to former Serbian Prime Minister and now President Aleksandar Vucic

2. Dejan Remetic, member of the Supervisory Board - member of ruling Serbian progressive party

3. Kosta Sandic, member of the Supervisory Board - an executive director of state owned bank Komercijalna banka

4. Ljubomir Stevanovic, member of the Supervisory Board - director of Sports and recreation center Pionirski grad

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Data about revenues from advertising were used from Politika AD Annual report on operations while data about revenues were used from Politika AD Income statement.

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