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Sanoma

 
Wikipedia: Sanoma
Sanoma Oyj
Type Public (OMXSAA1V)
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 21,329 (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 3,030 million euros[1] (2008) and employs an average of 21,329 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.[2]

The company consists of five divisions:[3]

  • 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.

External links

References

  1. ^ a b c d e "Sanoma's Year-End Statement 2008". Sanoma Corporation. 10 Feb 2009. http://www.sanoma.com/News.aspx?f=2113&d=42090&site=1&l=3. Retrieved 25 July 2009. 
  2. ^ Sanoma Corporation (2 April 2008). "SanomaWSOY Becomes Sanoma 1 October 2008". Press release. http://www.sanoma.com/News.aspx?d=35501&f=2219&l=3. Retrieved 25 July 2009. 
  3. ^ "Group Structure". Sanoma Corporation. http://www.sanoma.com/content.aspx?f=2182&l=3. Retrieved 25 July 2009. 

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