Trader Media East is the largest classified advertising company in Central and Eastern Europe.
It was established in the fourth quarter of 2005 and comprises the Russian, Baltic, CIS and Eastern European operations of Trader Classified Media.
67.3% of the company was bought by Hurriyet, a Turkish newspaper part of the Dogan Yayin Holding, at a cost of $500m.
[citation needed] Currently, HÜRRİYET Invest B.V. (“HIBV”) owns a 97.29% share of Trader Media East Limited.
[citation needed] The Company employs 5000 people and focuses on the automotive, real estate and jobs sectors.