Politika novine i magazini

Politika novine i magazini was founded in 2001 when German media group WAZ acquired a 50% stake in the state owned newspaper Politika. Company was in public eye in 2012 when it appeared that WAZ sold their stakes to unknown Russian company East Media Group.Shares in Politika novine i magazini owned by East Media Group have been frozen since 2014 by the Commission for Protection of Competition over the legality of the purchase. 

Key facts

Mother Company

East Media Group and Politika AD

Business Form

mixed (50% private, 50% state)

Legal Form

limited liability company

Business Sectors

printing, publishing, marketing

Ownership

Individual Owner

Politika AD

State company

50%
Media Outlets
Other Media Outlets

Other Print Outlets

Sportski zurnal

Other Online Outlets

Facts

Media Business

Printing

Politka stamparija LLC (100)

General Information

Founding Year

2001

Founder

WAZ and Politika AD

Affiliated Interests Founder

WAZ is a media publishing group from Germany which acquired 50% of state owned newspaper Politika and together with Politika AD created Politika novine i magazini. Beside Politika, WAZ had an ownership stake in the Dnevnik daily newspaper from Novi Sad and is alleged to have gaven money to Milan Beko for the acquisition of Novosti. Furthermore, media reported that WAZ bought distribution company Stampa sistem from Darko Saric, who is now accused of international drug trafficking.

Employees

318

Tax/ ID Number

Tax number: 101516133, ID number: 17372424

Financial Information

Revenue (Financial Data/ Optional)

11.91 Mio. $/1297.3 Mio. RSD

Operating Profit (in Mill. $)

-0.89 Mio. $/-97.8Mio. RSD

Advertising (in % of total funding)

Missing data

  • Reporter without borders
en
sr
  • Project by
    BIRN SERBIA
  •  
    Reporters without borders
  • Funded by
    BMZ