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Buys Combines Romanian Media Monitoring Firms

October 31 2022

In Romania, media monitoring and analysis agency Klarmedia has announced the acquisition of competitor firm Media Image Group, for an undisclosed sum.

Octavian PetrescuKlarmedia's platform allows clients to follow topics of interest from a broad range of online and off-line media channels, and gives them access to media impact measurement and evaluation tools, real-time alerts, reputation management, ad monitoring and media coverage stats. The company says the deal, which adds around nine staff, strengthens its position as the leading provider of media monitoring in Romania and the Republic of Moldova, with more than 500 clients and 65 analysts. Media Image Group was the country's first media monitoring specialist, established in 1999, while Klarmedia was launched in 2015 by Ionuț Anastase, Ramona PÎrvulescu and Octavian Petrescu.

Miron Mateescu, Partner and Marketing Director at Media Image Group, comments: 'Today we are taking an important step on the monitoring market in Romania, thanks to the experience of the two teams and the common resources developed. Together, we know the needs of customers, the dynamics of industries and can provide access to an integrated service aimed at becoming stronger support for companies in their activity'.

For Klarmedia, Petrescu (pictured) comments: 'We are happy to be able to expand the range of clients and geographical coverage, together with a partner with extensive industry expertise'.

Both companies are based in Bucharest, and web sites are at www.klarmedia.com and www.mediaimage.ro .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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