Novosti a.d.

Novosti a.d.

Native name	Новости а.д.
Type	Public limited company
Industry	Media
Founded	Belgrade, Serbia (December 31, 2001 (2001-12-31)) First founded 1953
Headquarters	Belgrade, Serbia
Area served	Serbia
Key people	Radomir Dmitrović (General director) Ilija Zurovac (Executive director)
Products	Newspapers, Radio
Revenue	€16.09 million (2013)[1]
Net income	-€1.17 million (2013)[1]
Total assets	€14.06 million (2013)[1]
Total equity	€0 (2013)[1]
Owner	Government of Serbia (29.51%) Trimax Investments GmbH (24.99%) Ardos Holding GmbH (24.90%) Karamat Holdings Ltd. (12.55%) PIO Fond (7.15%) Others
Number of employees	446[1]
Website	www.novosti.rs

Novosti a.d (full legal name: Novinsko-izdavačko društvo Kompanija Novosti a.d. Beograd) is a Serbian media company founded in 1953.

Among its assets, the company holds high-circulation daily newspapers Večernje novosti and DSL Sport as well as various periodicals. The company also has Radio Novosti, an FM station heard throughout greater Belgrade.

After decades of state ownership, the company was partly privatised in mid-2000s (decade) though the Government of Serbia still has substantial stake. Manojlo "Manjo" Vukotić, who led the company since the overthrow of Slobodan Milošević's regime in Serbia on October 5, 2000 has continued as the company's CEO even after the privatization.

References