Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Amedia AS is the second largest media company in Norway (the largest is Schibsted and the third largest is Polaris Media). The company is whole or partial owner of 50 local and regional newspaper with online newspapers and printing presses, and its own news agency, Avisenes Nyhetsbyrå.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
11
Assets(RF), mln.USD
40
Capital(RF), mln.USD
7
Staff(RF), 2021
15

Russian printing houses of the Norwegian media holding Amedia were transferred from the temporary management of the Federal Property Management Agency to the management of the Moscow government. Former owners don't control they assets anymore.

The Company Statement
November 22, 2023

Announced its withdrawal from Russia, The company will transfer four of the six printing houses to the editor-in-chief of Novaya Gazeta, Dmitry Muratov. The Russian printing assets of the Norwegian holding Amedia, which left the country after the start of hostilities in Ukraine, have been transferred to the management of Rosimushchestvo.

November 22, 2023Putin transferred the printing house of the Norwegian Amedia to the management of the Moscow government
November 22, 2023Putin handed over five printing houses of the Norwegian holding Amedia to the Moscow City Hall
September 18, 2023Russian printing houses of the Norwegian Amedia went to the state
April 04, 2022Amedia announces decision to leave Russia
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