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Europe – Ringier Axel Springer Media acquires 44% of shares in Polish IT jobs site No Fluff Jobs

20 July 2018

Ringier Axel Springer Media AG, a media company, based in Zurich, Switzerland, announced that it has acquired 44% of the shares in No Fluff Jobs, the operator of nofluffjobs.com, a job classifieds platform focusing on the Polish IT job market.

According to Ringier, the platform will enrich the media company’s portfolio and will complement the group classifieds segment in the Central and Eastern Europe region.

Nofluffjobs.com will become part of the group of job classifieds portals at Ringier Axel Springer Media AG: Profession.hu from Hungary, CV Keskus OÜ, operator of job classifieds sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania.

István Martis, CEO of Hungarian jobs portal Profession.hu, will take over the newly created role as Group Director of Job Classifieds Portfolio to further develop and expand the job classifieds portfolio of Ringier Axel Springer Media.

The founders’ team of No Fluff Jobs, Magdalena Gawłowska-Bujok and Tomasz Bujok, will retain the remaining 56% of the shares and they will continue to be members of the Management Board. The headquarters of the company will still be in Gdynia, Poland. No Fluff Jobs describes itself as the only IT job classifieds with obligatory pay scales in Poland.

“No Fluff Jobs is an IT job classifieds unique in the way it offers standardised and comparable job advertisements,” Ringier stated. “The company is driven by the belief that simplicity, transparency and effectiveness are core success factors which set new standards in the world of IT recruitment. No Fluff Jobs only features detailed and comparable IT job ads with mandatory pay-scales, as well as information about the technology stack and company perks.”

Mark Dekan CEO of Ringier Axel Springer Media AG, commented, “No Fluff Jobs convinced us with their unique approach and the passion of the team for changing the standards of IT job recruiting. We are very happy to become the partner of a Polish classifieds company and thereby expanding the group of job classifieds portals at Ringier Axel Springer Media. Apart from our successful news media portfolio classifieds are gaining more and more importance within the group.”

Tomasz Bujok CEO and Co-founder of No Fluff Jobs, said, “The partnership strengthens our commitment to driving change in IT recruitment in Poland and worldwide. We look forward to a bright future with our strong strategic partner.”

Magdalena Gawłowska-Bujok, COO and Co-founder of No Fluff Jobs: “No Fluff Jobs has always been about transparency, honesty and respecting one another. Because of these values, our job classifieds became the most popular IT portal in Poland. We are thrilled to enter a new chapter with a partner who shares our values and we believe the best is still ahead.”

In the last 12 months, nofluffjobs.com, citing Google Analytics and Internal Data Management System figures, said it reached a total of over 5.5 million page views and around 650,000 visitors. To date, over 1,500 companies published more than 10,000 job ads on the site.