French JCDecaux buys 25% of Russ Outdoor


Subscribe to our Newsletters	Get Daily Updates

French JCDecaux buys 25% of Russ Outdoor

22.10.2012 15:59

French JCDecaux buys 25% of Russ Outdoor

JCDecaux, one of the world's leading outdoor advertising companies, is to acquire 25% share in the Russian Russ Outdoor from VTB Capital. The French company will bring the assets of its Russain company BigBoard in the authorized capital of Russ Outdoor to get places in the Board of Directors.

Russia is considered to be the second largest outdoor advertisement market in Europe. It has always been a strategic interest for JCDecaux, said the General Director of the French company Jean-François Decaux.

JCDecaux is going to develop Rus Outdoor via introducing new technologies and creating harmonic city spaces to fit the highest world’s standards.

Sources: http://www.gazeta.ru http://top.rbc.ru

Author: Irina Fomina

Tags: Russian business Investments into Russia

You might also find interesting:


Audio Recording at the Proceedings on Civil Cases in the Russian Courts will Become Mandatory 04.08.2018	The Amsterdam Court Seized the Shares of the “Blue Stream Pipeline Company” Joint Venture Belonging to Gazprom 09.09.2018	Russia has Made up a Schedule for Reducing Oil Production by Months 18.12.2018	The Tax Rate on the Property of Companies will Grow in Moscow 20.12.2018	Moscow is Going to Sell 340 Real Estate Items for Small Businesses on Special Conditions 24.02.2019