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22.12.2015 – 14:00

Ringier Axel Springer Media AG founds new subsidiary United Classifieds s.r.o. for all its classifieds business

Zürich (ots)

United Classifieds becomes sole owner of real-estate classifieds portal / Akcionar s.r.o., a company controlled by Penta Investments, invests in United Classifieds

Effective December 1, 2015,, a company of Ringier Axel Springer Slovakia, transferred all its classifieds business, including 100% of Autovia s.r.o. and a 42.1% stake in Narks Infoservis a.s., into the newly founded subsidiary United Classifieds s.r.o. Subsequently, the new company acquired all outstanding shares in Narks Infoservis a.s. - the operator of the real-estate classifieds portal - from Akcionar s.r.o. and thereby became sole owner of

Furthermore, Akcionar, a company controlled by Penta Investments, invested in United Classifieds s.r.o., becoming a 40% shareholder as financial investor. will have sole operational control of United Classifieds s.r.o. Its General Manager will be Katarina Trnovcova, former Head of Classifieds and Small and Medium-sized Businesses at

Milan Dubec, CEO Ringier Axel Springer Slovakia and "We are eager to develop our assets in the classifieds business with this new structure and to attract the best talent in the market. I congratulate Katarina Trnovcova on her new role as General Manager of United Classifieds and wish her much success."

Peter Andits, Investment Manager Penta Investments: "We see significant potential in the field of classifieds. We consider United Classifieds to be a good investment opportunity and trust in the competence of to further develop this business."'s portfolio in classifieds consists of the online-marketplace, the real-estate classifieds portals, and as well as the automotive classifieds sites,,,, and

About Ringier Axel Springer Media AG

Ringier Axel Springer Media AG was founded in 2010 by the Swiss Ringier AG and the German Axel Springer SE and bundles the activities of both shareholders in Central and Eastern Europe. The company operates in the growth markets of Poland, Hungary, Serbia and Slovakia with a broad range of media services, comprising more than 160 digital and print offerings. The company's registered offices are in Zurich and it employs a total of around 2700 employees.

Press contact:

Alexandra Delvenakiotis
Head of Corporate Communications
Ringier Axel Springer Media AG
Phone +41 44 267 29 14

Original content of: Ringier Axel Springer Media AG, transmitted by news aktuell