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Axel Springer AG

Axel Springer AG
Company nameAxel Springer AG
Company typeAktiengesellschaft
Founder(s)Axel Springer
HeadquartersBerlin, Germany
Key peopleMathias Döpfner (CEO and Chairman of the management board), Giuseppe Vita (Chairman of the supervisory board)
ProductsMagazines, newspapers, online portals, affiliate marketing
Revenue-2.894 billion (2010)
Operating income-428.6 million (2010)
Net income-252.7 million (2010)
Total assets-3.603 billion (end 2010)
Total equity-1.773 billion (end 2010)
Employees11,560 (average, 2010)

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Axel Springer AG is one of the largest multimedia companies in Europe, with more than 11,500 employees and with annual revenues of about -2.9 billion. The Company is active in a total of 36 countries, including Hungary, Poland, the Czech Republic, Russia and Germany, France, Spain, Switzerland. It has more than 230 newspapers and magazines, more than 80 online offerings as well as holdings in television and radio stations.

It was started in 1946/1947 by journalist Axel Springer. Its current CEO is Mathias Döpfner. The Axel Springer company is the largest publishing house in Europe and controls the largest share of the German market for daily newspapers; 23.6%, largely because its flagship tabloid Bild is the highest-circulation newspaper in Europe with a daily readership in excess of 12 million.

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