Editor of La Liberté with new structure
Freiburg-based St. Paul AG, publisher of the daily newspaper La Liberté, is splitting its operations into three new parts. With this split, it wants to be able to respond more flexibly to the challenges of the printing business and the media world.
La Liberté's publishing and printing operations will be combined in the new St. Paul Druckereien und La Liberté Medien AG, the company announced, according to SDA. The second new company operates the book and bookstore business and looks after the company's real estate.
The third company is a holding company that manages the participations. For example, St. Paul AG holds stakes in the daily newspaper Freiburger Nachrichten, the newspaper La Gruyère from Bulle FR and in Radio Fribourg/Freiburg.
The new structure has no impact on the workforce. However, St. Paul AG hopes that this will make it easier for future partners to join the company. In March, the company had announced that the Sisters of St. Paul, who own the company, intended to withdraw in the medium term. (SDA)
