Lambrakis Press Group

The Marinakis Press Group S.A. (Greek: Δημοσιογραφικός Οργανισμός Μαρινάκη, ΔΟΜ) was a Greek media company.

Marinakis Press S.A.
TypeMedia
IndustryMass media
Travel Industry
Founded1922
FounderChristos Lambrakis
Defunct2019
HeadquartersAthens, Greece
Key people
Evangelos Marinakis (Chairman)
ProductsNewspapers and Websites
OwnerAlter Ego Media S.A. (100%)
Websitehttp://www.dol.gr

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 group would be acquired by Alter Ego Media S.A., a company including the media assets of Greek businessman Evangelos Marinakis. The court approval for the transfer ownership 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, after its debt of over 265 million was not covered by the payment Marinakis had contributed to acquire the organisation with.[2]

Management

The Company and the Group are managed by the board of directors with the following members:[3]

President of the Board: Evangelos Marinakis
Vice President of the Board:
Managing Director:
Board members have minimum influence over company; they consist of:

References
  1. "Greek Court Confirms Transfer of Lambrakis Media Group to Vangelis Marinakis". 25 July 2017.
  2. "Πτώχευσε ο ΔΟΛ αν και είχε χρηματιστηριακή αξία 2 τρισ. δραχμές!". typologies.gr (in Greek). 2019-11-06.
  3. www.dol.gr Archived 2009-03-12 at the Wayback Machine
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