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:

The Losses of German Companies Due to the Sanctions Imposed by the US on Russia may Amount to 1.5 Billion Euros
The Owner of MiraxBioPharm Wants to Sell the Company
A Special Tax Regime for Foreign Companies will be Introduced on the Russian Islands
Workload in Russia
"Technological Entrepreneurship in Russia" to be Discussed at the St. Petersburg International Economic Forum

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
environment  Books  Frida Kahlo  Russian officials  Russian School  hotel networks  Mercedes-Benz Fashion Week   Bell Ringing  Day of Russia  Russian tourism  the Crimea  Lagonaki   Winter Arts Festival   Russian Literature  Chebarkul Meteorite  Mozdok  Pskov  Russian church  Izhevsk Museums  Zenit St. Petersburg  Archeology  Primorye  Republic of Bashkortostan  Kaluga Region  Katun Reserve   Marina Vladi  Moscow  Baikal  Valery Chkalov  Russian history  the Kamchatka region  Sculpture  Nikolay Fomenko  money transfer  St. Petersburg  Russian politicians  Concerts in Moscow  Boris Eifman   World New Year  Monuments  Russian cuisine  buy Russian fashion designersonline  Altai Territory  Russian Cinema  Tinkoff Credit Systems  Mercedes-Benz Fashion Week Russia  Elections 2012  Russian business  Nature Reserves  Exhibitions in Moscow 

Travel Blogs
Top Traveling Sites