Hurriyet Gazetecilik A.S. (Turkiye)

Operating under the umbrella of Doğan Yayın Holding, a strong regional player in the global economy, in addition to its core business of journalism, Hürriyet has expanded into printing, distribution, online services, book publishing, classified ads, TV productions and marketing over the years through its domestic and overseas subsidiaries and affiliates, in keeping with developments and requirements of the sector. In April 2007, Hürriyet acquired a 67.3% equity stake in Trader Media East (TME), the leading ad publishing company in Eastern Europe and Russia, through a tender offer at the London Stock Exchange. Currently 74.26% of TME is owned by Hurriyet. This transaction transformed Hürriyet into a regional player for advertisements in nine countries including Russia. As a result of this major investment, which marked the first time a Turkish company acquired an international corporation that was already a leader in its field, TME joined the Hürriyet family with operations in EU countries Hungary and Lithuania, as well as Russia, Ukraine, Croatia, Belarus and Kazakhstan. Undoubtedly, this investment is a turning point in Hürriyet’s global journey that began long time ago.