BNET Industries
Last Fiscal Year Sales:$3.1B
- Private
- FI
Dow Jones Description
Sanoma knows media - it owns all of them. Founded in 1999 and headquartered in Helsinki, Finland, SanomaWSOY (Helsinki: SWSAV) is the top media conglomerate in Scandinavia. The company publishes and distributes 270 magazines in 12 countries, publishes daily and tabloid newspapers, prints literary and educational books, and has a TV channel and a cable company. It also operates book stores, movie theaters, and convenience stores. It has five divisions that operate in 20 countries in Europe. The company has annual revenue of about $3.2 billion and employs about 13,700 people. In 2005, it acquired Independent Media Holding B.V.for about $170 million and TK Pressexpo, a press distribution company in the Moscow region. In 2005 it divested Dark, a digital printer, in August, the Ajasto diary group in September, and the printing house LAŠnnberg Painot in October.
Number of Employees 14,207
Peer Companies
NAICS Code Newspaper Publishers: 511110
News & Analysis
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SanomaWSOY Corporation reports 3-month operating profit of EUR72.7m
NORDIC BUSINESS REPORT-9 May 2008-SanomaWSOY Corporation reports 3-month operating profit of EUR72.7mC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation (OMX Helsinki: SWS1V) reported on Friday (9 May) an operating profit of EUR72.7m on net sales of EUR683.1m for the financial period January-March 2008. Both operating profit...
Finland's SanomaWSOY Corporation to change name to Sanoma Corporation
NORDIC BUSINESS REPORT-7 February 2008-Finland's SanomaWSOY Corporation to change name to Sanoma CorporationC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Thursday (7 February) that its board of directors has proposed to the Annual General Meeting that the name of the company be changed to Sanoma...
SanomaWSOY Corporation subsidiary to form joint venture in Romania
NORDIC BUSINESS REPORT-20 December 2007-SanomaWSOY Corporation subsidiary to form joint venture in RomaniaC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Wednesday (19 December) that its subsidiary Rautakirja has signed a Letter of Intent with the Swiss publishing company Ringier regarding the creation of a joint...
SanomaWSOY Corporation subsidiary acquires magazine publisher in Netherlands
NORDIC BUSINESS REPORT-9 November 2007-SanomaWSOY Corporation subsidiary acquires magazine publisher in NetherlandsC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Friday (9 November) that its subsidiary Sanoma Uitgevers, a multimedia publisher in the Netherlands, will acquire the shares of the magazine publisher Mood for Magazines from...
Finland's SanomaWSOY Corporation reports Q3 operating profit of EUR88.5m
NORDIC BUSINESS REPORT-31 October 2007-Finland's SanomaWSOY Corporation reports Q3 operating profit of EUR88.5mC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation reported on Wednesday (31 October) an operating profit of EUR88.5m on net sales of EUR718.6m for the financial period July-September 2007. Both operating profit and net...
Finland's Rautakirja to sell D+J Arena Hamburg GmbH in Germany
NORDIC BUSINESS REPORT-25 October 2007-Finland's Rautakirja to sell D+J Arena Hamburg GmbH in GermanyC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Thursday (25 October) that its subsidiary Rautakirja will sell D+J Arena Hamburg GmbH, the owner of the multipurpose arena in Hamburg to the American...
SanomaWSOY Corporation subsidiary considers sale of its movie distribution company
NORDIC BUSINESS REPORT-11 October 2007-SanomaWSOY Corporation subsidiary considers sale of its movie distribution companyC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Thursday (11 October) that its subsidiary Sanoma Magazines is considering the possibilities of selling its movie distribution company R.C.V. Entertainment B.V. The company...
Finland's SanomaWSOY Corporation signs EUR802m credit facility
NORDIC BUSINESS REPORT-28 August 2007-Finland's SanomaWSOY Corporation signs EUR802m credit facilityC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation said on Monday (27 August) that it has signed a EUR802m syndicated revolving credit facility with a group of 12 relationship banks. The facility has a maturity of...
SanomaWSOY Corporation subsidiary acquires Russian press distributor
NORDIC BUSINESS REPORT-9 August 2007-SanomaWSOY Corporation subsidiary acquires Russian press distributorC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation Oyj said on Thursday (9 August) that its subsidiary Rautakirja is strengthening its position in Russia by acquiring all shares of the press distributor OOO Press Point International and...
2007 Ad
NORDIC BUSINESS REPORT-2 August 2007-Finland's SanomaWSOY Oyj reports 6-month operating profit of EUR186.9mC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish media group SanomaWSOY Corporation Oyj reported on Thursday (2 August) an operating profit of EUR186.9m on net sales of EUR1,408m for the financial period January-June 2007. Both operating profit and...
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