Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

British newspapers have yielded a loss to the Russian Businessman
9.07.2012 16:08
British newspapers have yielded a loss to the Russian Businessman

The company Lebedev Holdings, controlled by Russian businessman Evgeny Lebedev has reported a 22.5% increase in pre-tax losses to £27.4m in the year to 2 October, reports The Independent.

Lebedev Holdings publishes the British newspapers the Independent, Evening Standard and i.

According to Lebedev Holdings the Independent and cut price national i made a pre-tax loss of £18m. The Evening Standard, which is 70% owned by Lebedev, made a pre-tax loss of £8.9m in the year to 2 October – a significant improvement on the prior year loss of £20.1m.

Alexander Lebedev acquired the Independent, Evening Standard in 2009-2010, which were unprofitable at that moment.  the Independent cost the businessman just £1.

Author: Irina Fomina

Tags: Russian business     

Next Previous

You might also find interesting:

Acceptance of Applications for Moscow Business Subsidies Resumed
Russia Fell to the 50th Place in the Ranking of the Best Places to Do Business
Internet Trade in Moscow Grew 1.5 Times during the Crisis
The Amount of Tax Benefits for Moscow Business will Exceed 170 Billion Rubles
Ruble Lost One-sixth of its Value in a Year

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Museum of Moscow  children  Adygea  Red Square  Marina Gisich Gallery  leading indicators  Shrovetide  All Events  Nikolay Tarkhov  Russian business  Tragedy  Mikhail Rudakov  Zenit FC  Zelenograd  Crimea  Moscow  Russian writers  St. Petersburg  Festivals in Moscow  Alexander Golovin  Russian regions  Joseph Stalin  Sokolniki  Russian Cinema  Russian Avant-garde Art  Samara  Dagestan  Russian interent  Fairs in Moscow  Alexander Pushkin  travel to Russia  Titian  Tomsk  Astrakhan Region  Russian book publishers   education  All-Russian Museum of Arts and Crafts and Folk Art  Russian banks  Vladimir Yankilevsky  Russian tourism  Barrows  Russian GDP forecast  Mikhail Bulgakov  Mercedes-Benz Fashion Week Russia  Alyosha Popovich  Exhibitions in Moscow  Platonov's Festival of Arts  Russian Traditions  Stalingrad Battle  Andrey Zvyagintsev 

Travel Blogs
Top Traveling Sites