Czech News Agency - CTK

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CTK sells its share in Newton Information Technology


CTK sold its 50-percent stake in the Newton Information Technology to Newton Holding, a co-owner who held 25 % stake in the company. Newton Information Technology focuses on media monitoring and analysis. It is active in the Czech Republic and Slovakia and has a subsidiary in Poland. Newton IT was set up in 1995 and CTK was its 50-percent shareholder since 1997.

The agency decided to sell its stake beacuse of Newton's IT complicated ownership structure and due to lack of prospects to gain majority in the company.

PR Service

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