BELARUS NEWS AND ANALYSIS
DATE:
12.14.2005
Eniro sells Belarus unit for 8 mln skr, closes out Eastern European ops
STOCKHOLM (AFX) - Eniro AB said it has sold its Belarus unit for 8 mln skr to German media company Heise Median Gruppe GmbH.
Following necessary approvals by authorities, Eniro said it will have no operations remaining in Eastern Europe.
During 2004, Eniro's operations in Belarus reported sales of about 17 mln skr, an EBITDA of about 2 mln skr, and had 170 employees.
Source:
http://www.forbes.com/home/feeds/afx/2005/12/14/afx2390812.html
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