Axel Springer


FTS blocked the accounts of the Forbes publishes in Commerzbank and Otkrytiye


Prior to that, it had problems with payment of the license royalties to Forbes Media, and the magazine staff lost their medical insurance.

Publisher Forbes sold its media in Russia


German media group Axel Springer leaves Russia: the entire local business, the main asset of which is the Russian version of Forbes, was sold to Alexander Fedotov, the publisher of L'Officiel, SNC, Numero and Golf Digest magazines.