Sanoma

Sanoma Oyj
Type Julkinen osakeyhtiö
Traded as OMXSAA1V
Industry Media
Founded 1999
Headquarters Helsinki, Finland
Key people Jaakko Rauramo (Chairman), Harri-Pekka Kaukonen (President and CEO)
Products Magazines and press distribution, publishing
Revenue €2.761 billion (2010)[1]
Operating income €392.7 million (2010)[1]
Profit €299.6 million (2010)[1]
Total assets €3.203 billion (end 2010)[1]
Total equity €1.376 billion (end 2010)[1]
Employees 15,405 (FTE, end 2010)[1]
Divisions Sanoma Magazines, Sanoma News, Sanoma Learning & Literature, Sanoma Entertainment, Sanoma Trade
Website www.sanoma.com

Sanoma Oyj (formerly SanomaWSOY) is a 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 Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Estonia, Hungary, Latvia, Lithuania, the Netherlands, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine.

The group has an annual turnover of 2.761 billion euros[1] (2010) and employed over 15,400 people on a full-time equivalent basis at the end of 2010. SanomaWSOY was formed in 1999 with the merger of Sanoma Corporation, WSOY (Werner Söderström Osakeyhtiö; Werner Söderström Corporation) and Helsinki Media Company. The group reverted back to the name Sanoma Corporation in October 2008.[2]

The company consists of five divisions:[3]

Sanoma'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.

References

  1. ^ a b c d e f g "Annual Results 2010". Sanoma Corporation. http://www.sanoma.com/viewFile.aspx?id=12135. Retrieved 9 February 2011. 
  2. ^ "SanomaWSOY Becomes Sanoma 1 October 2008" (Press release). Sanoma Corporation. 2 April 2008. http://www.sanoma.com/News.aspx?d=35501&f=2219&l=3. Retrieved 25 July 2009. 
  3. ^ "Group Structure". Sanoma Corporation. http://www.sanoma.com/content.aspx?f=2182&l=3. Retrieved 25 July 2009. 

External links