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Politika AD

Politika a.d.
Native name
Политика а.д.
Public limited company
Traded as : PLTK
Industry Newspapers, Radio broadcasting
Genre News media
Founded Belgrade, Serbia (October 31, 1998 (1998-10-31))
First founded on January 25, 1904
Headquarters Belgrade, Serbia
Key people
Vladislav F. Ribnikar (Founder)
Zefirino Grasi (General director)
Products Politika, Sportski žurnal, Ilustrovana politika, Svet kompjutera, Politikin zabavnik, Bazar
Revenue Decrease9.17 million (2013)
Decrease -€5.79 million (2013)
Total assets Decrease €38.54 million (2013)
Total equity Decrease €11.67 million (2013)
Owner Government of Serbia (31.06%)
Akcionarski Fond a.d. (21.45%)
Elektroprivreda Srbije (12.13%)
PIO Fond (4.33%)
Komercijalna banka (2.62%)
AIK banka Niš (1.83%)
Others
Number of employees
329
Website www.politika-ad.com

Politika a.d. (full legal name: Politika a.d. Beograd) (: PLTK) is a Serbian media corporation founded in present form in 2005, and it has continually existed in various legal forms since 1904.

It is partly owned by Government of Serbia and companies in which the Republic of Serbia has majority of shares with the other part belonging to small shareholders.

The company is run by a 10-member Managing Board and 4-member Executive Board. The Managing Board is composed of the following individuals:

The board is structured such that one member is the government's representative, one member represents small shareholders, a number may be proposed by the government, and all board members need to be confirmed by a shareholder's meeting.

Since 2002, together with German madia concern WAZ, Politika AD maintains a 50-50 joint venture called Politika Newspapers & Magazines that's registered as a limited liability company. That joint entity controls two daily newspapers (Politika, Sportski žurnal), and eight periodical publications (Ilustrovana politika, Svet kompjutera, Ana, Viva (discontinued), Bazar, Enigmatika, Huper (discontinued mid-December 2008), Politikin zabavnik, and Razbibriga). The same joint venture also owns a large printing facility using Komori technology controlled through a company called Politika stamparija d.o.o. as well as a large distribution network.

Politika AD also owned controlling stake (50.97%) in RTV Politika, local radio-television broadcaster seen and heard throughout city of Belgrade and surrounding municipalities that eventually stopped broadcasting in 2007.


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