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Bulgaria
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Media Group Bulgaria - Holding OOD (Медийна Група България - Холдинг ООД)

Main Activities: Publishing Industries (except Internet)

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Company Information

Full name
Media Group Bulgaria - Holding OOD (Медийна Група България - Холдинг ООД)

Headquarters
47, Tsarigradsko Chausse Blvd.; Sofia; Sofia - city; 1504
Status: Non-Listed
Legal Form: Limited Liability Company
Operational Status: Operational
BG VAT Identification Code: BG121135162
BULSTAT: 121135162
Financial Auditors: BDO Bulgaria (2011)
Total Employees: 5

Tel: (+359 2) 942 22 00, 433 96 74, 942 24 17

Company Description

WAZ Group, publisher of the Westdeutsche Algemeine Zeitung, set foot in Bulgaria in September 1996 after buying a 70% stake in local 168 Hours Pressgroup.
A month earlier, WAZ settled a DEM 23.5 million debt of the Pressgroup owed to local First Private Bank (FPB).
The Pressgroup initially had debts of DEM 29 million to FPB but they were reduced by 19% after negotiations with the German buyers.
In early 1997, WAZ Group acquired another local media group Media Holding – which publishes
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