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Color Press Group (full legal name: Color Press Group d.o.o. Novi Sad) is a Serbian media company.
Based in Novi Sad and registered as a limited liability company (aka, LLC), CPG publishes periodical print media (lifestyle magazines, weekly tabloids, glossy publications, etc.).
With assets in Serbia, Slovenia, Croatia, Bosnia-Herzegovina, Montenegro, and Macedonia, as well as over 2 million copies of its various publications sold each month and an annual revenue stream of over 20 million, it is among the biggest media companies in South-Eastern Europe.
CPG currently publishes 84 periodicals, including its centerpiece publication - weekly tabloid Svet and health lifestyle magazine Lepota i zdravlje. The company is owned by Velibor Đurović (50%) and Robert Čoban (50%).
The company's roots are found back in April 1992 when Robert Čoban and Velibor Đurović, two friends from the University of Novi Sad started publishing a biweekly student paper called Index.
After many initial hardships of political and financial nature, the paper grew into a biweekly current-events/political magazine called Svet that eventually became a tabloid in 1996. Simultaneously, a company called Svet Press owned by Coban and Djurovic was created to oversee the magazine. Changing the format paid immediate dividends as readership grew quickly.
Little by little, the company started adding other publications (light reading periodicals) such as Zona, Moja tajna, Moja romansa, and Teen Story. By the early part of 1999 they continued expanding with crossword puzzle-based Skandi svet and Sfinga as well as with cooking-based Tajne kuhinje, and Slatke tajne (both not currently active).
In August 1999, Svet Press expanded outside of Serbia for the first time with a daughter company called Svet Print set-up in Banja Luka, Republika Srpska in Bosnia and Herzegovina. By the end of the year another similar company called Monte Press was setup in Podgorica, Montenegro. The same year saw Svet Press make its first foreign licensing deal - getting the rights to publish a Serbian edition of British children's magazine Junior - something that would become the company's business strategy over the coming years.[2]
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