Budapest, December 13 (MTI) – Publishing company Mediaworks will maintain the online archive of Népszabadság, what had been Hungary’s largest-circulation daily before it was closed down in October, as a free service accessible at nol.hu, the company said in a statement on Tuesday.
Mediaworks said the archive will be preserved because of its significance to Hungarian press history.
In a statement on the stock exchange (BET) website on Monday, Mediaworks owner Opimus Group said it had reviewed the option of restarting the left-wing daily but did not see “a rational or economically sound possibility” to do so.
Opimus Press, a subsidiary of the group, acquired 100 percent of Mediaworks Hungary from Vienna Capital Partners, which had just suspended the paper citing financial reasons.
Mediaworks stopped print runs and online publication of Népszabadság on Oct. 8, citing a 74 percent drop in sales over ten years and large losses.