WPP takes stake in Slovakian agency
Acquisitive advertising conglomerate WPP has acquired a stake in Istropolitana Group, a full service advertising agency group in the Slovak Republic.
Acquisitive advertising conglomerate WPP has acquired a stake in Istropolitana Group, a full service advertising agency group in the Slovak Republic.
Founded in 1992 and head-quartered in Bratislava, Istropolitana is a full service advertising agency comprising a number of separate businesses. The group employs 95 people and major clients include Heineken, Slovak Telecom and VUB Banka.
Istropolitana's consolidated unaudited revenues for 2011 were €4.51m, with gross assets of €3.67m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The size of WPP's stake and the price it paid for it have not been disclosed.
JH
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
How to find the best luxury hotel deals
Knowing how to find the best luxury hotel deals can help holidaymakers enjoy high-end experiences without the sky-high costs. We reveal how to bag the best value for less.
-
Frozen thresholds could push ‘tax freedom day’ to latest date this century
Tax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.