SanomaWSOY

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SanomaWSOY
Type of Company Public
Founded 1999
Headquarters Helsinki, Finland
Key people Jaakko Rauramo (Chairman of the board), Hannu Syrjänen (President and CEO)
Industry Media
Products Magazines and press distribution, educational publishing
Employees 18,277
Website http://www.sanomawsoy.fi/

SanomaWSOY is the leading media group in the Nordic countries with operations in 20 European countries, based in Helsinki. The group is also among the top five European magazine publishers and has a strong position, in addition to its native Finland, in the Netherlands, Belgium, Bulgaria, the Czech Republic, Hungary, Slovakia and Russia.

The group has an annual turnover of 2,622 million euros[1] (2005) and employs an average of 18,277 people[2] (Q3/2006). SanomaWSOY was formed in 1999 with the merger of Sanoma Corporation, WSOY (Werner Söderström Osakeyhtiö; Werner Söderström Corporation) and Helsinki Media Company.

SanomaWSOY consists of five divisions:

  • Sanoma Magazines Magazine publishing, online operations and press distribution
  • Sanoma Newspaper publishing, online operations and printing
  • SanomaWSOY Education and Books Educational publishing and publishing
  • SWelcom Electronic media
  • Rautakirja Press distribution, kiosk operations, bookstores and entertainment

SanomaWSOY's stock is listed on the Helsinki Stock Exchange. Its biggest owners include Aatos Erkko and other members of the Erkko family. The newspaper Helsingin Sanomat that was founded in 1889 as Päivälehti is one of the single most significant products of the group.

[edit] External links

[edit] References

  1. ^ SanomaWSOY's Year-End Statement 2005
  2. ^ SanomaWSOY's Interim Report January 1-September 30, 2006
OMX Helsinki 25 companies of Finland

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