Ringier Axel Springer Media AG acquires 44 percent of No Fluff Jobs and expands classifieds portfolio with the most innovative IT job classifieds in Poland

Warsaw (ots) - Ringier Axel Springer Media AG today acquired 44
percent of the shares in No Fluff Jobs Sp. z o.o., the operator of
nofluffjobs.com, a job classifieds platform focusing on the Polish IT
job market. The platform will enrich Ringier Axel Springer Media's
portfolio and will complement the group classifieds segment in the
CEE region. In the course of the expansion István Martis, CEO of
Profession.hu, will take over the new created role as Group Director
of Job Classifieds Portfolio to further develop and expand the job
classifieds portfolio of Ringier Axel Springer Media.

No Fluff Jobs is an IT job classifieds unique in the way it offers
standardized and comparable job advertisements. The company is driven
by the belief that simplicity, transparency and effectiveness are
core success factors which set new standards in the world of IT
recruitment. No Fluff Jobs only features detailed and comparable IT
job ads with mandatory pay-scales, as well as information about the
technology stack and company perks.

Mark Dekan CEO of Ringier Axel Springer Media AG: "No Fluff Jobs
convinced us with their unique approach and the passion of the team
for changing the standards of IT job recruiting. We are very happy to
become the partner of a Polish classifieds company and thereby
expanding the group of job classifieds portals at Ringier Axel
Springer Media. Apart from our successful news media portfolio
classifieds are gaining more and more importance within the group.
István Martis will take over as Group Director Job Classifieds
Portfolio. He has as CEO of Profession.hu a proven track record in
managing and developing job classifieds for Ringier Axel Springer
Media. With his outstanding experience he will push forward further
growth and expansion of our portfolio in this segment."

The founders' team of No Fluff Jobs, in particular Magdalena
Gaw?owska-Bujok and Tomasz Bujok, will retain the remaining 56
percent of the shares and they will continue to be members of the
Management Board. The headquarters of the company will still be in
Gdynia. No Fluff Jobs is built by a passionate team of over 25
people. It's still the only IT job classifieds with obligatory
payscales in Poland.

Nofluffjobs.com will become part of the group of job classifieds
portals at Ringier Axel Springer Media AG: Profession.hu from
Hungary, CV Keskus OÜ, operator of leading job classifieds sites
cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in
Lithuania.

Tomasz Bujok CEO and Founder of No Fluff Jobs: "We are delighted
to join forces with the Ringier Axel Springer Media AG. The
partnership strengthens our commitment to driving change in IT
recruitment in Poland and worldwide. We look forward to a bright
future with our strong strategic partner."

Magdalena Gaw?owska-Bujok, COO and Founder of No Fluff Jobs: "No
Fluff Jobs has always been about transparency, honesty and respecting
one another. Because of these values our job classifieds became the
most popular IT portal in Poland. We are thrilled to enter a new
chapter with a partner who shares our values and we believe the best
is still ahead."

No Fluff Jobs was founded in 2014 in Gda?sk, Poland. Fast forward
to 2018, within nearly four years of its operations, nofluffjobs.com
changed the IT recruitment standards in Poland. In the last 12
months, nofluffjobs.com reached a total of over 5.5 million page
views and around 650,000 visitors (source: Google Analytics, period:
01.07.2017-30.06.2018). To date, over 1,500 companies published more
than 10,000 job ads on the site (source: Internal Data Management
System, period: 01.01.2015-31.06.2018).

As the classifieds portfolio segment is growing, the Management of
Ringier Axel Springer Media AG appointed István Martis as its Group
Director of Job Classifieds Portfolio. István Martis will still be
managing Profession.hu in Budapest as CEO but will also be overseeing
the entire job classifieds portfolio of Ringier Axel Springer Media
AG.

István Martis graduated at the Faculty of Law of Eötvös Lóránd
University in Budapest. He spent nearly ten years in the human
resources consultancy sector working in the Hungarian market, as well
as in Central Eastern Europe and the United States of America. Then
he joined the Profession.hu team as Head of Sales in 2008 and has
been managing the entire company since 2012. Hungary's leading
recruitment service became part of the Ringier Axel Springer Media AG
portfolio in 2015.

Originaltext: Ringier Axel Springer Media AG
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Contact:
Agnieszka Skrzypek-Makowska
Group Communications Manager

Grupa Onet-RAS Polska
Ringier Axel Springer Polska Sp. z o.o.
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