- Business
- Polaris Media ASA operates as one of Scandinavia's largest media house and printing groups, owning and managing 78 regional and local media houses, including 62 in Norway and 16 in Sweden; it publishes major newspapers such as Adresseavisen, Fædrelandsvennen, Sunnmørsposten, Agderposten, Varden, Romsdals Budstikke, Harstad Tidende, iTromsø, and Göteborgsposten, alongside local titles like Troms Folkeblad, Altaposten, and Vesteraalens Avis; the company provides digital advertising services, print production through six printing facilities including Polaris Trykk Trondheim, Polaris Trykk Ålesund, and Polaris Trykk Harstad, and distribution via four regional companies in Norway and one in Sweden; it serves subscribers totaling 643,000 with annual revenues of NOK 3.6 billion, targeting local and regional audiences in mid-Norway, north Norway, northwest Norway, south Norway, and western Sweden. Founded in 2008 through the merger of Adresseavisen Gruppen and Harstad Tidende-gruppen and headquartered in Trondheim, Norway, Polaris Media lists on the Oslo Stock Exchange under ticker POL.OL and emphasizes journalistic development, editorial independence, and local societal roles across its operations. Recent developments include the full acquisition of Stampen Media in June 2025 for SEK 195 million from NWT Gruppen, following a 10% stake purchase from VK Media in March 2025 to strengthen its Swedish footprint with 16 newspapers generating SEK 1.2 billion in 2024 revenues; Blommenholm Industrier AS increased its ownership to 33.32% in June 2024 by acquiring Schibsted Media's 29.45% stake; establishment of Polaris Media Sør for southern Norway expansion; strong digital revenue growth of 18% in Q3 2025 with adjusted EBITDA of NOK 103 million; and implementation of efficiency measures and a new PM Product organization for enhanced digital development.