Business Services Industry

Alma Media opens City24 real estate portal in Lithuania

Internet Business News, Oct 11, 2005

INTERNET BUSINESS NEWS-(C)1995-2005 M2 COMMUNICATIONS LTD

Finnish media group Alma Media Corporation said on Tuesday (11 October) that it was expanding its City24 real estate Internet business in the Baltic states by opening a new portal in Lithuania.

City24 in Lithuania aims to become the leading media channel for real estate in both the Internet and printed media during its first year.

Started in Estonia in 2000, this service became the most popular real estate portal in six months in Estonia, and in just four months in Latvia, according to the company.

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