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Mafra (company)

Czech media company From Wikipedia, the free encyclopedia

Mafra (company)

Mafra is a Czech media group that publishes printed and internet media, headquartered in Prague, Czech Republic. From 2013 to 2023, it was a subsidiary of Agrofert holding conglomerate owned by trust of Andrej Babiš, the former Prime Minister of the Czech Republic. Mafra owns newspapers Mladá fronta Dnes and Lidové noviny.[1][2] In September 2023, Agrofert sold the group to the Czech billionaire investor Karel Pražák (Kaprain Group). [3]

Quick Facts Company type, Industry ...
Mafra, a.s.
Company typeJoint-stock
IndustryPublishing, Internet
FoundedDecember 31, 1992 (1992-12-31)
Headquarters,
ProductsNewspapers, Magazines
Revenue2,561,074,000 Czech koruna (2020) 
−978,763,000 Czech koruna (2020) 
−867,755,000 Czech koruna (2020) 
Total assets3,253,659,000 Czech koruna (2020) 
Number of employees
1,149 (2020) 
ParentKaprain Chemical, Cyprus
Websitemafra.cz
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History

Founded in 1992 in Prague, Mafra was acquired in 1994 by the German group Rheinisch-Bergische Druckerei- und Verlagsgesellschaft GmbH (RBDV)[4][5] (the publisher of the Rheinische Post), which bought Mafra from French press group Socpresse. In 2013, Mafra was acquired by Czech holding group Agrofert, which is owned by Andrej Babiš.[6]

Mafra publishes the daily newspaper Mladá fronta Dnes, which – with 224,000 circulation as of March 2011 – is the second largest newspaper in the Czech Republic,[7] after tabloid Blesk. Fully owned subsidiary Lidové noviny, a.s. publishes daily newspaper Lidové noviny with circulation of 44,000,[citation needed] 60% subsidiary Metro Česká republika, a.s. publishes a freesheet Czech edition of Metro with a circulation of 266,000.[8]

As of February 2011, Mladá fronta Dnes is the third most visited Czech website on the internet, with 3.7 million unique visitors per month.[9]

During the COVID-19 pandemic, Mafra benefited disproportionately from state aid.[10]

References

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