The purchase of shares in the newspaper

Published: 12 November 1999 y., Friday
American publishing house Media Press Corp., owners of several American Russian-language publications (including the weekly "Express"), and the Russian Internet newspaper Utro (www.utro.ru) have reached an agreement concerning the purchase of 75% shares in the newspaper. The remaining 25% are owned by RosBusinessConsulting. The value of the deal has not been disclosed. The newspaper is published seven days a week on-line, and each issue contains around 30 articles on current topics. On 9 November Utro introduced a new design and new columns to its readers.
"Utro has a much larger content of analytical information than other Russian Internet publications. The newspaper covers not only politics and economy, but also culture, society and sports. In the future, the newspaper will be updated throughout the day, and will thus move away from being a daily publication, to becoming a real-time source of news and information," said head of PR for RosBusinessConsulting Maxim Shapiro.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Budget negotiations - MEPs want specific budget line for stabilisation mechanism

A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday. more »

Break on roaming fees for mobile phone customers

New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad. more »

A toolbox for stronger economic governance in Europe

The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union. more »

Latest report on taxation trends in the EU

Eurostat report just published shows that the crisis has brought some lower taxes. more »

Food prices: new legislation needed to improve price transparency and farmers' returns

New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday. more »

Fisheries: fair competition needed between imports and European producers

Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee. more »

The President: Dynamic cooperation with other countries of the EU is a priority for Lithuania

I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania. more »

World Lithuanian entrepreneurs are gathering in London

The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June. more »

Enhanced information exchange will contribute to the creation of single Baltic-Nordic community, Lithuania's Minister of Foreign Affairs says

Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life. more »

Parliament sets up special committee on EU budget reform

MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework. more »