The oldest Moldovan periodical Ekonomicheskoye Obozreniye Logos Press (Publicaţia Periodică Revista Economică Logos-Pres) has changed its owner
The transaction worth 1.637 million lei ($93,000) was registered on the over-the-counter securities market. The owner of the joint-stock company, Alexandru Tanas, sold 100% of shares in the Publicaţia Periodică Revista Economică Logos-Pres JSC he owns to the Moldovan company Cașalot, which is part of the holding of the country's well-known businessman Mircea Baciu. He is the owner of the Bomba chain of stores, the Grand-Hall shopping center, Sportlandia and others. Mircea Baciu became the first Moldovan to conquer the highest mountains on all continents (Africa, North America, South America, Australia, Antarctica and Eurasia), including Everest. As InfoMarket has learned, the investor intends to expand the media format of Logos Press, while maintaining the status of the largest and oldest economic publication in the country. Publicaţia Periodică Revista Economică Logos-Pres JSC was founded in 1990 by economist Serghei Misin, who sold it in 2016 to Alexandru Tanas for 2 million lei. It is worth mentioning that Cașalot was registered in 2003 and is engaged in the production of printed materials, advertising and advertising services. The company employs 20 people. In 2023, the company recorded sales revenues of about 7.4 million lei (+13.5% for the year), while the cost of sales amounted to about 3.4 million lei (unchanged). Last year, Cașalot increased its net profit 2.3 times, from 0.41 million to 0.96 million lei. Publicaţia Periodică Revista Economică Logos-Pres JSC was registered in June 1992. Last year, the company generated sales revenues of 1.07 million lei, or 19.8% less than the year before, as a result of the trend of decreasing interest in printed publications. The company's 2023 losses amounted to 221.7 thousand lei, while in 2022 - 215.6 thousand lei. The periodical Revista Economică Logos-Pres specializes in the publication of business and economic analytical information and is published in the printed version weekly, as well as online. Since its creation, the periodical has published more than 1.5 thousand newspaper issues. //14.08.2024 - InfoMarket.
