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Mecom Group plc

 
Hoover's Profile: Mecom Group plc
(London:MEC)
Contact Information
Mecom Group plc
70 Jermyn St., 5th Fl.
London SW1Y 6NY, United Kingdom
Tel. +44-207-925-7200
Fax +44-207-925-7201

Type: Public
On the web: http://www.mecom.co.uk

Mecom Group aims to corner the market on regional newspapers in Northern and Eastern Europe. The company owns about 300 titles with a combined circulation of about 30 million in five countries. Its operating units include Edda Media, the third-largest newspaper publisher in Norway, and Denmark's Det Berlingske Media. Mecom also owns more than 85% of Koninklijke Wegener in the Netherlands. The company's 51%-owned Presspublica publishes the respected paper Rzeczpospolita in Poland. Along with its newspapers, Mecom Group operates a portfolio of news Web sites that boast a combined audience of nearly 20 million.

Key numbers for fiscal year ending December, 2008:
Sales: $2,038.2M
One year growth: 12.8%
Net income: ($1,598.7)M

Officers:
Chairman: Alasdair J. D. Locke
CEO: David Montgomery
COO: Keith Allen

Competitors:
Agora
Schibsted
Telegraaf Media Groep

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