Digital media network

Digital Media Network was founded in April 2020, shortly before the establishment of the portal 24sedam.rs. In September of the same year, the registered office of the company was moved to New Belgrade, in the Sava Centre. A year later, the Swiss company Europe Development Business Group was registered as the new owner of the company in the Business Register Agency, instead of the previous owner and director Margareta Stanić. Stanić remained the director of the company after the change of ownership.

The company Europe Development Business Group was established in April 2021 with a share capital of 100,000 Swiss francs.

Key facts

Mother Company

Europe Development Business Group

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Education; Real estate rental; Construction works; Maintenance and repair of motor vehicles; Trade in cars and light motor vehicles; Security system services; Consulting activities related to business and other management; Retail trade in parts and equipment for motor vehicles; Buying and selling own real estate; Technical testing and analysis; Other monetary intermediation; Construction of residential and non-residential buildings; Non-life insurance; Mediation in the sale of machinery, industrial equipment, ships and aircrafts;

Ownership

Individual Owner

Media Outlets
Facts

Business

Construction

Vorex Gradnja doo (owned by the parent company)

Real Estate Management and Rental

Maxbud doo (owned by the parent company)

IT auditing, consulting and educational services

Maxbud GBMH, Switzerland (owned by the parent company)

Investment, marketing and administrative services

Europe Development Business Group AG, Switzerland (parent company)

General Information

Founding Year

2020

Affiliated Interests Founder

Margareta Stanić

Not known to the general public. It is not possible to find information about her, other than those officially listed in the Agency for Business Registers. Stanić has been the director of the Digital media network company since its establishment, and she was 100% owner from the opening of the company in April 2020 until September 2021, when 100% ownership was transferred to a company registered in Switzerland, Europe Development Business Group AG.

Employees

60 (2022)

Contact

Milentija Popovića 9,

North entrance, building B

Novi Beograd, Belgrade

E-mail: redakcija@24sedam.rs

W: 24sedam.rs

T: +381 66 80 55 366

Tax/ ID Number

Tax ID 111931913
ID 21574449

Financial Information

Revenue (Financial Data/ Optional)

3,4 Mln USD / 378 Mln RSD (2022)

Operating Profit (in Mill. $)

77,303.00 USD / 8,5 Mln RSD (2022)

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Branislav Jović

Former member of the board of directors

Further Information

Data Unavailable

ownership data is not publicly available, company/channel denies the release of information or does not respond, no public record exists

1 ♥

Meta Data

Missing data on market share and advertising revenue. Financial data is available only for the company that publishes the media, but not for the media itself. The editorial imprint is available on the Telegraf website. The official data on ownership are publicly available on the portal of the Business Registers Agency. The ownership structure of the parent company is not known. In APR, the director is registered as the real owner, but due to the fact that it is not possible to find a natural person as the ultimate owner.
Revenues increased from RSD 20.5 million in 2020 to RSD 390.3 million in 2022 - of which RSD 131.7 million was for sales of products and services on the foreign market.
On the other hand, the costs of production services (which do not include salary costs) increased from 4.9 million dinars in 2020 to 217.6 million in 2022.
It was not possible to find information about the director Margareta Stanić.

  • Project by
  •  
    Global Media Registry
  •  
    Funded by European Union
  • Funded by
    BMZ