AS Ekspress Grupp acquires the business operations of the RMP.ee portal in Estonia
04 Agosto 2022 - 8:15AM
AS Ekspress Grupp acquires the business operations of the RMP.ee
portal in Estonia
The Competition Authority has given permission for the merger of
Geenius Meedia OÜ and OÜ RMP Eesti. On June 16, 2022, AS Ekspress
Grupp’s 100% subsidiary Geenius Meedia OÜ and OÜ RMP Eesti signed
an agreement to aquire the business activities of the RMP.ee portal
in Estonia.
The accounting and tax information portal RMP.ee
has been operating for almost 18 years. The portal has more than
50,000 registered users and more than 25,000 newsletter
subscribers. The portal collects an average of 80,000 unique users
per month.
The merger of RMP to Geenius products increases
the amount of information offered to the business user and is an
important addition to the content of Ärigeenius and DigiPRO.
Organizing of trainings and conferences forms an important part of
RMP's activities. Together with the RMP team, Geenius Meedia plans
to expand the training activities to the other topics.
The acquisition of operations of RMP.ee portal is an organic
step in our strategy.
The parties have agreed neither to disclose the price nor any
other terms of the transaction. The transaction is scheduled to be
completed in the 3rd quarter 2022.
Mari-Liis Rüütsalu Chairman of the Management Board +372 512
2591 mariliis.ryytsalu@egrupp.ee
Geenius Meedia is a fast-growing company that builds
precisely targeted media whose content is fact-based,
understandable and valuable. Geenius is a noise-free and
independent platform for talented authors, valued experts and ideas
that make life better through science and technology. From December
2021, the owner of the company is AS Ekspress Grupp, the largest
media group in the Baltic States, listed on the Tallinn Stock
Exchange.
AS Ekspress Grupp is the leading media group in
the Baltic States whose key activities include web media content
production, publishing of newspaper, magazines and books. The Group
also manages the electronic ticket sales platform and ticket sales
sites in Latvia and Estonia. Ekspress Grupp that launched its
operations in 1989 employs 1,400 people, owns leading web media
portals in the Baltic States and publishes the most popular daily
and weekly newspapers as well as the majority of the most popular
magazines in Estonia.
Ekspress Grupp As (LSE:0JPX)
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Ekspress Grupp As (LSE:0JPX)
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