WAZ is leaving Serbia

Media company WAZ, that is shareholder of Politika daily and owner of the Dnevnik daily and Stampa – a company for distribution of newspapers, has decided to end its arrangement in Serbia, announcing it will be leaving the country "gradually" and start selling its shares in Serbian companies.

This decision was announced by Bodo Hombach, the WAZ Director, in a letter to Serbia President Boris Tadic, according to Blic

In print market, WAZ is publishing 33 dailies, 18 weeklies and over 170 magazines. WAZ operates in Germany, but also in Austria, Hungary, Croatia, Macedonia, Romania, Bulgaria and Russia.

In Romania, WAZ is a partner in Medien Holding and shareholder of the companies R – publisher of Romania Libera daily – and Domus – magazine publisher.