Hearst Shkulev Media to buy Rugion
05 Mar 2015
Russia’s large publishing house Hearst Shkulev Media is finalizing the purchase of a majority share in Rugion, which runs an expansive network of sites across 40 of Russia's rural regions, including classifieds platforms. The purchase, if complete, will make it the 15th regional purchase made by the holding company in the last few years.
Although the purchasing sum has not been disclosed, indus