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.
East Media Group and Politika AD
mixed (50% private, 50% state)
limited liability company
printing, publishing, marketing
Politka stamparija LLC (100)
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.
Tax/ ID Number
Tax number: 101516133, ID number: 17372424
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)
It is difficult to say who currently holds the non-state 50% of ownership in Politika because transactions between Bogicevic, WAZ and Aleksandar Rodic are mostly hidden from the public.