As its “Capital Markets Day 2010” starts today, Schibsted, the Norwegian-based publishing group, announced it is buying the remaining 50-percent share in the third-largest online classifieds site in Europe, Leboncoin.fr in France. Schibsted also confirmed that it is pushing development of models for online user payment and is testing them with the iPad.
Rolv Erik Ryssdal (46), the new CEO of Schibsted reorganizes the Group Management team. The Norwegian media group reported a smaller-than-expected fall in second quarter core earnings but expects that the weak economic environment will continue to hit its printed activities.
On 1 June 2009, Rolv Erik Ryssdal took over as Schibsted's new CEO.