Škkēvics confirms that a new owner has appeared in "Radio SWH"

He said that it happens in any business and also in the media sector, so Radio SWH will be the new third co-owner, but the other two shareholders will not change. Asked whether changes are expected in the company’s operations, Šipkēvics replied that nothing changes at the management level and the board continues to work as it did.

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It has already been reported that the new owner of Radio SWH is likely to be SIA Media Support, whose sole board member is Aivars Gobiņš, who holds positions in 25 more companies, mostly in Ventspils, in companies related to the Swiss lawyer Rudolf Meroni, said on Tuesday. “Latvijas Avīze”.

According to the newspaper, although two potential bidders for the acquisition of Radio SWH have been mentioned, the most likely buyer of the radio’s controlling stake is Media Support, owned by the Austrian-registered company Baltic News Network GmbH.

Media Support’s core business is information services, and it maintains the Baltie News Network. “Sounded that through it [“Media Support”] also funded Artuss Kaimins’ “Dog Hut”, “writes” Latvijas Avīze “.

According to the information at the disposal of the newspaper, Media Support has acquired 80% of the shares owned by Tatjana Tolstaya for 2.2 million euros. The current head of the company, Jānis Šipkēvics, remains a minority shareholder.

As reported, Radio SWH had a turnover of 2.696 million euros last year, which was 6.6% more than a year earlier, but suffered a loss of 14,517 euros, compared to the profit a year earlier, according to Firmas.lv information.

The company was founded in April 1993 and has a share capital of 2.536 million euros.

“Media Support” was founded in 2011, its share capital is 2800 euros. According to the data of “Firmas.lv”, the company’s turnover in the history of its existence has not exceeded half a million euros, but the profit – 30,000 euros. The most financially successful company last year was 407,348 euros and profit was 29,992 euros. In the period from 2012 to 2016, the company’s turnover ranged from 230,000 to 290,000 euros.