PROFILE |
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Having conquered the world of print, one of Italy's largest publishers is turning to the Internet. Editoriale L'Espresso's portfolio of more than 15 daily newspapers includes "la Repubblica, il Tirreno," and "la Gazzetta di Mantova." It also publishes niche titles and magazines ("Limes, Le Scienze") and owns radio franchises (DeeJay, Capital, Italia Radio). The company created Internet unit Kataweb in 1999 to capitalize on the growing use of the Net in Italy. Kataweb is active in e-commerce, operates a variety of Web sites, and provides free Internet access. Kataweb's plans to go public have been stalled by low advertising sales. Carlo De Benedetti, former chairman of telecom giant Olivetti, controls Editoriale L'Espresso.
COMPETITION |
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Arnoldo Mondadori Editore S.p.A. (MN)
Poligrafici Editoriale S.p.A. (POL)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 812.80
1-Yr. Sales Growth: (4.6)%
Employees: 3,498
Revenue per employee: $232,361.35
KEY PEOPLE |
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Marco Benedetto
CEO
Fabio Tacciaria
CFO
CONTACT INFO |
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Via Po, 12
00198 Rome, Italy
Phone: 39-06-847-81
Fax: 39-06-884560-3
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