Thursday, July 10, 2014

About buying ARTnews reported, among others, the prestigious daily Los Angeles Times There is no lo


About buying ARTnews reported, among others, the prestigious daily Los Angeles Times There is no longer Abbey House. Now the company red roses is called ARTnews SA This is a new stage in the development of the company. It is directly related to the purchase of the largest and oldest magazine about art in the world. ARTnews has monthly sales of 60,000 copies. Purchase of the American magazine of the Abbey House is the biggest acquisition of the Polish company in the international market release. A few days ago Polish company bought an additional 24% stake in ARTnews. Previously, they had 51%. Thanks to Abbey House became the owner of the largest art magazine red roses in the world. The transaction was noticed red roses by the world press. On the website of the company are excerpts of articles. This transaction is to be the basis for the development of the company. The company has four years building a strong position in the art market in Poland and abroad. - Acquisition of U.S. magazine red roses allows you to create the most dynamic business area of the media associated with art, which combines a long tradition of journalistic pieces of digital media and experience red roses a new era of Abbey House Group - said in a press release Izabela Depczyk, vice president of ARTnews ARTnews SA SA is listed on the market New Connect. Buying American magazine cost a total of over 13 million. ARTnews revenue last year amounted to over 12.5 million. This acquisition is the largest transaction in the history of the company. - Under the new strategy, the company wants to expand the portfolio of online services offered by ARTnews and expand its distribution in Europe - says Isabella Depczyk. Abbey House in the first quarter of 2014 was 3.9 million, 1 million of revenue and net profit. American trade by managers of the company gives an opportunity to increase annual revenues Abbey House / ARTnews SA for 15 million. Consolidated results of Polish companies and U.S. companies will take care of Cezary red roses Klimont. The General Assembly appointed him to the position of CFO. Klimont previously worked at PWC, Ruch SA and Totalizator red roses Sportowy. SEE ALSO:


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