Adria Media Serbia appoints new CEO

Belgrade, 16 November 2009 - Adria Media Serbia, one of the biggest publishing companies in Serbia, has appointed Dr. Alexander Teutsch as its new CEO.

Adria Media Serbia is the Serbian subsidiary of Adria Media Holding, a joint venture between Sanoma Magazines International, Styria Media and Gruner+Jahr in the Adriatic region. Dr. Alexander Teutsch (38) is currently Director Business and Strategy of G+J International. His appointment as CEO of AMS takes effect on 1 January 2010. Bernd Rademann (42), the current CEO of Adria Media Serbia, has been appointed COO and Executive Vice President of G+J International, also with effect on January 1, 2010.

About Adria Media Serbia:

Adria Media Serbia d.o.o. is part of Adria Media Holding GmbH (AMH). AMH operates in three countries: Serbia, Croatia and Slovenia as 50-50 joint venture between Sanoma Magazines International and Gruner+Jahr. AMH publishes 39 magazines and employs around 370 people.Sanoma Magazines International, located in Amsterdam (the Netherlands), is responsible for the activities of Sanoma Magazines in Central, Eastern and South East Europe. Sanoma Magazines is a leading publisher of consumer magazines and digital media that actively connect with a potential audience of 290 million consumers in thirteen countries, spanning Europe from the North to the Bering Sea.* The company is a Division of the Sanoma Group, a strong European media group operating in diverse fields of media in twenty European countries.

* Sanoma Magazines is active in Belgium, Bulgaria, Croatia, Czech Republic, Hungary, Finland, the Netherlands, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine.


Not for publication: for additional information, please contact Adria Media Serbia d.o.o.

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