April 13 (SeeNews) - Albanian diversified group Kastrati has acquired a 60% stake in Intermedia Group, the owner of Euronews Albania, local media reported.
The remaining 40% stake is still owned by investor Theodhori Cami, news provider Politiko reported earlier this week.
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According to the media report, Intermedia Group plans to expand the Albanian-speaking service of Euronews to Kosovo and North Macedonia under its investment strategy.
Kastrati Group is mainly active as a wholesale and retail trader of hydrocarbon products, but it also operates in the insurance, construction, real estate, hospitality, tourism, automotive industry, retail, advertising and other industries.