Chairman and founder of EPAMEDIA Dr. Heinrich Schuster (68) retires as shareholder from his company. The Medicur-Holding Gesellschaft m.b.H. buys the shares of Dr. Heinrich Schuster Beteiligungsgesellschaft m.b.H., which held 50 percent of the outdoor advertising company EPAMEDIA. Therewith Medicur owns 100 percent of the shares of EPAMEDIA (EUROPÄISCHE PLAKAT UND AUSSENMEDIEN GMBH), subject to accordance with the antitrust law. Hitherto Medicur had a share of 50 percent of the outdoor advertising company. The contracts were already signed; the concerned parties keep silence about the purchase price. Dr. Heinrich Schuster remains available as EPAMEDIA-chairman till the end of the year.”I made this step for a long-term success of the company. With Raiffeisen the EPAMEDIA-group has a financially strong owner, who will continue my line of expansion and growth.”

“EPAMEDIA is a very well positioned company at the poster and outdoor advertising market. The company is especially successful in the CEE-region. It was always evident, if there would be a shareholder change, that the partner according to the contracts will buy the shares. We do this in the sustainable economic sense”, explains Medicur-Managing Director Mag. Erwin Hameseder.

EPAMEDIA – EUROPÄISCHE PLAKAT UND AUSSENMEDIEN GMBH is the biggest Austrian poster- and outdoor advertising company and has subsidiaries in Hungary, Czech Republic, Slovakia, Slovenia, Croatia, Macedonia, Serbia, Romania, Bulgaria, Moldova and Poland. It is the biggest outdoor advertising company in the CEE-region and in six countries market leader.

The Medicur-Holding Gesellschaft m.b.H. is a company belonging to the Raiffeisen-group, owned by Raiffeisen-Holding Niederösterreich-Wien, as main shareholder, as well as RZB and UNIQA.

Dr. Heinrich Schuster, CEO EPAMEDIA (Credit: EPAMEDIA / Klebel)