Monday, January 08, 2007
Metro International chief executive Pelle Törnberg announced today that he's closing the Warsaw-based Metro Poland, which had been operating since 2000. The newspaper was not meeting the company's financial expectations and had been a drag on the overall performance of Metro International, he said. Last year, Metro closed its papers in Finland. The announcement gave no indication as to whether other money-losing Metros would soon be on the chopping block.
Posted by Clyde Davis at 12:55 PM