The board of directors of Norway's Orkla authorized the sale of Orkla Media, which controls the Lithuanian daily Kauno Diena, to Mecom, a U.K. media company. The size of the deal was not disclosed, though British media reported the London-based Mecom was prepared to pay 800 million euros for Orkla Media. The ownership change is not expected to have any direct impact on Orkla's publication. Mecom has said that its objective is to make strategic investments in public and private media companies, where it believes there is scope for profit improvement and value creation.
Tele2, a mobile communication firm, took over Estonia's mobile parking system as of July 1. The transition to EMT's technical system means that the parking service of Estonia's two major mobile communication operators will merge in style, Tele2 said. Marketing director Kristjan Seema said the idea was motivated by a need to unify technical solutions of the mobile parking service. It is currently possible to pay by mobile phone for parking in areas of Tallinn, Tartu, Parnu, Viljandi and Kuressaare. The service has no monthly fee and is open to Tele2's contractual mobile clients.