Sanoma
From Wikipedia, the free encyclopedia
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| Type | Public (OMX: SAA1V) |
|---|---|
| Founded | 1999 |
| Headquarters | Helsinki, Finland |
| Key people | Jaakko Rauramo (Chairman of the board), Hannu Syrjänen (President and CEO) |
| Industry | Media |
| Products | Magazines and press distribution, publishing |
| Revenue | €3.030 billion (2008)[1] |
| Operating income | ▲ €236.3 million (2008)[1] |
| Profit | ▲ €120.8 million (2008)[1] |
| Employees | 21,330 (2008)[1] |
| Divisions | Sanoma Magazines, Sanoma News, Sanoma Learning & Literature, Sanoma Entertainment, Sanoma Trade |
| Website | www.sanoma.com |
Sanoma Oyj (formerly SanomaWSOY) is a leading media group in the Nordic countries with operations in 20 European countries, based in Helsinki. The group is also among the top five European magazine publishers and has a strong position, in addition to its native Finland, in Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Estonia, Hungary, Latvia, Lithuania, the Netherlands, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine.
The group has an annual turnover of 2,926 million euros[2] (2007) and employs an average of 19,587 people. SanomaWSOY was formed in 1999 with the merger of Sanoma Corporation, WSOY (Werner Söderström Osakeyhtiö; Werner Söderström Corporation) and Helsinki Media Company. The group reverted back to the name Sanoma Corporation in October 2008.[3]
The company consists of five divisions:[4]
- Sanoma Magazines: Magazine publishing and online operations
- Sanoma News: Newspaper publishing, online operations and printing
- Sanoma Learning & Literature: Educational publishing, publishing, and business information and services
- Sanoma Entertainment: TV, broadband internet, and radio
- Sanoma Trade: Kiosk operations, press distribution, bookstores and entertainment
Sanoma's stock is listed on the Helsinki Stock Exchange. Its biggest owners include Aatos Erkko and other members of the Erkko family. The newspaper Helsingin Sanomat that was founded in 1889 as Päivälehti is one of the single most significant products of the group.
In April 2008, the group acquired the leading Bulgarian internet company.[5]
[edit] External links
[edit] References
- ^ a b c d "Annual Results 2008". Sanoma. http://www.sanoma.com/viewFile.aspx?id=8284. Retrieved on 2009-03-09.
- ^ SanomaWSOY's Year-End Statement 2007
- ^ SanomaWSOY (2 April 2008). SanomaWSOY Becomes Sanoma 1 October 2008. Press release. http://www.sanomawsoy.fi/News.aspx?d=35501&f=2219&l=3. Retrieved on 2008-04-13.
- ^ SanomaWSOY: Group Structure
- ^ SanomaWSOY (28 April 2008). Leading Bulgarian internet company acquired. Press release. http://www.sanoma-magazines.com/index.php/sanoma/news/leading_bulgarian_internet_company_acquired. Retrieved on 2008-04-28.
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