Alma Career Oy now operational with key management appointed

Alma Media Oyj         Press release        7 January 2014 at 14:15 EET ALMA CAREER OY NOW OPERATIONAL WITH KEY MANAGEMENT APPOINTED Alma Media Corporation and Monster Worldwide Inc. announced the strengthening of their joint operations across Eastern Europe and the Baltics in November 2013. The arrangement has now been finalised and closed and the joint operating company Alma Career Oy has started its operations with the new structure and key management appointments. Alma Career Oy now manages recruitment services in 9 countries. In expanding their joint offering, Monster's career services are now combined with Alma Media's similar services to create a comprehensive offering in Poland, Hungary, Czech Republic, Slovakia, Croatia, Finland, Estonia, Latvia and Lithuania. The companies are managed under a joint holding company named Alma Career Oy and will be reported as part of Alma Media's Digital Consumer Services segment. As part of the arrangement Monster Worldwide Inc. became a 15% minority owner of Alma Career Oy (formerly Monster Oy). The following appointments have been made in Alma Career Oy: Marja Pylkkänen will continue as Managing Director of the now widened operations. Mika Kiiskinen has been appointed as Country Manager of Monster Finland. In Monster Poland Bartosz Struzik, in Monster Hungary Szabolcs Buda and in Monster Czech Republic Petr Kubacka will continue as Country Managers. Mikko Vuorio has been appointed as International Sales Director. The Country Managers and Mikko Vuorio report to MD Marja Pylkkänen, who in turn reports to Raimo Mäkilä, the Head of Alma Media Marketplaces business unit. For more information, please contact: Marja Pylkkänen, Managing Director Alma Career Oy, tel. +358 40 7469226 Raimo Mäkilä, Senior Vice President, Head of Marketplaces, Alma Media Corporation, tel. +358 40 5461892 This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Alma Media Oyj via GlobeNewswire [HUG#1753059]