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overview
Swiss-based
Ringier is a European newspaper, magazine and book publisher
with major printing interests. It has around 3849 employees.
Its main Swiss competitor is the larger Edipresse;
globally it faces competition from Quebecor.
the group
Ringier is Switzerland's largest publishing house. Sales
in the year 2000 were around 1,018 million Swiss Francs
(€666 million) with over 4,900 employees employed
in Switzerland and other locations.
Its portfolio includes the country's highest selling daily
and Sunday newspapers (Blick, SonntagsBlick, Cash,
Dimanche.ch and Il caffé). It publishes a range
of business newspapers and mass-circulation magazines
such as Schweizer Illustrierte, 11, Tele, GlücksPost,
Edelweiss and L’illustré. It has a multimedia
and television program arm.
In the late 1980s it moved into Central and Eastern Europe,
where it now publishes around 20 newspapers and magazines
in Romania, Slovakia, the Czech Republic and Hungary (often
as a market leader in the tabloid sector). Its Hungarian
operations feature joint ventures with Axel
Springer and Heinrich Bauer.
After an unsuccessful move into North America (its operations
were sold to World Color Press, later absorbed by Quebecor,
in 1996) it has transferred much of its printing activity
from the EU to the Far East. Its joint venture with TPL
in Hong Kong prints around 50 newspaper and magazine titles,
including The Economist and Newsweek. In
China it publishes the inflight magazine for the Civil
Aviation Authority of China, with a circulation of some
320,000. Ringier also operates as an advertising agency
for Chinese publications.
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