Alma Manu, subsidiary of Alma Media Corporation, has agreed on the financing of its new printing facility
(Thomson Reuters ONE) -
Alma Media Corporation Stock Exchange Release January 5, 2011 at 17.15 (EET)
ALMA MANU, SUBSIDIARY OF ALMA MEDIA CORPORATION, HAS AGREED ON THE FINANCING OF
ITS NEW PRINTING FACILITY
Alma Manu Oy, the printing and distribution unit of Alma Media Corporation, has
today agreed on the financing of the machinery of its new printing facility to
be built in Tampere in 2012. The maximum amount of the agreed financing is EUR
50 million.
- The financing agreement between Alma Media's subsidiary Alma Manu and Pohjola
Bank plc further strengthens the customer relationship of the Alma Media Group
and the OP-Pohjola Group. Furthermore, it supports OP-Pohjola's position as one
of the chief financing providers for Alma Media Group, says Tuomas Itkonen, CFO,
Alma Media Corporation.
- We are very pleased with the agreement regarding the financing of the
machinery of Alma Media's new printing facility. The agreement reinforces the
solid cooperation we have with Alma Media, says Reima Rytsölä, Senior Executive
Vice President, Head of Banking, Pohjola Bank plc.
ALMA MEDIA CORPORATION
Rauno Heinonen, Vice President, Corporate Communications and IR
More information:
Tuomas Itkonen, CFO, Alma Media Corporation, telephone +358 10 665 244
Distribution: NASDAQ OMX Helsinki Exchange, principal media
Alma Media in brief
Alma Media is a dynamic media company whose best-known products are the
Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs nearly
3,000 professionals. The company's net sales in 2009 totalled MEUR 307.8 with an
operating margin of 13.5 per cent. Alma Media's share (ALN1V) is listed in the
NASDAQ OMX Helsinki Exchange. Read more at http://www.almamedia.fi/
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Alma Media Oyj via Thomson Reuters ONE
[HUG#1477385]
Unternehmensinformation / Kurzprofil:
Datum: 05.01.2011 - 16:16 Uhr
Sprache: Deutsch
News-ID 50227
Anzahl Zeichen: 2549
contact information:
Town:
Helsinki
Kategorie:
Business News
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