Ringier AG is further expanding its activities in Eastern Europe and enhancing its international portfolio of digital marketplaces and media: to this end, Ringier acquires all of the shares of Axel Springer in Hungary, Serbia, Slovakia, and the Baltic states of Estonia, Latvia and Lithuania. In Slovakia, the company founder will remain a minority shareholder. In the other countries, the Ringier Group will thus hold 100% of the shares. As part of its growth strategy, Axel Springer will focus on digital business in major strategic markets. The company’s investment focus in the News Media segment is on Germany, the US and Poland. Accordingly, the successful joint venture between Ringier and Axel Springer in Poland will remain unchanged.
Ringier Axel Springer Media AG and Just Eat Takeaway.com(1) have entered into an agreement for the sale of the online food delivery service Bistro.sk. The transaction will enable Ringier Axel Springer to focus even more on its growth and investment strategy in the field of content, classifieds and community business. Just Eat Takeaway.com, one of the world’s largest online food marketplaces and the leading player in major European markets(2) , will take Bistro.sk onto its next phase of development.
Employees of the media company Ringier will be able to work flexibly from anywhere in Switzerland starting in September. Instead of requiring staff to return to the office, Ringier has chosen a hybrid working model that strikes a sensible balance between on-site attendance and remote work. The new Ringier Mobile Office Policy allows a remote-working quota of up to 60%. Regular team days at the office (40%) are recommended, but daily attendance will no longer be mandatory.
Marc Walder is living proof that fortune favours the brave. Over the last 13 years the CEO of Swiss media group Ringier has spearheaded a quite astonishing digital transformation at his company, branching out into marketplaces, ecommerce, ticketing and classifieds by buying up and successfully embedding a range of businesses.