Lambrakis Press Group Explained

Lambrakis Press Group S.A.
Type:Media
Foundation:1922
Dissolved:2019
Founder:Christos Lambrakis
Owner:Stavros Psycharis, Christos Lambrakis
Location:Athens, Greece
Industry:Mass media
Travel Industry
Products:Newspapers and Websites
Homepage:http://www.dol.gr

The Lambrakis Press Group S.A. (Greek, Modern (1453-);: Δημοσιογραφικός Οργανισμός Λαμπράκη, ΔΟΛ) was a Greek media company.

Since 1957, it was controlled by Christos Lambrakis and played a dominant role in Greek publishing and Greek politics, especially through its flagship newspapers, To Vima and Ta Nea. The group also owned the news portal In.gr, the radio station Vima Fm 99.5 and the magazines MarieClaire, Cosmopolitan and Vita.

In July 2017, a Greek first-instance court confirmed that the B' group of assets of Lambrakis Press Group would be acquired by Alter Ego Mass Media S.A., a company including the media assets of Greek businessman Evangelos Marinakis. The court's judgement for the transfer of the ownership of B' group of assets of DOL to Alter Ego followed the latter's success as the highest bidder in an auction process held earlier in 2017.[1]

However, on 11 July 2019, the Athens first-instance court declared DOL to be in a state of bankruptcy.[2]

Management

The company and the Group were managed by a board of directors, with Evangelos Marinakis serving as President of the Board.[3]

External links

Notes and References

  1. Web site: Greek Court Confirms Transfer of Lambrakis Media Group to Vangelis Marinakis. 25 July 2017.
  2. News: Πτώχευσε ο ΔΟΛ αν και είχε χρηματιστηριακή αξία 2 τρισ. δραχμές!. el. typologies.gr. 2019-11-06.
  3. http://www.dol.gr/e_p_dioikhsh.htm www.dol.gr