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Club Muzikor JSC

‘Club Muzikor’ is an Albanian joint stock company which owns the second biggest radio station in the country, Club FM. The origins of this company founded in March 1999, stem from the cooperation between the Greek partners, Nikolaos Papadopoulos and Ioannis Doudolakis and the Albanians Gjergji Shemko and Arben Bylykbashi. ‘Club Muzikor,’ which owns Club FM radio, later extended its activity into event management and advertising. At the time of the company’s foundation Papadopoulos and Doudoulakis controlled 26% of the shares each, while Bylykbashi and Shemko 24% each. Papadopoulos left the company in 2006 and donated his shares to Arben Bylykbashi. In November 2008, the other Greek owner Ioannis Doudoulakis left the company, donating his shares to Olta Reka, Bylykbashi’s sister-in-law. Since May 2015, Bylykbashi owns 74% of the company and Olta Reka 26%.

Key facts

Business Form

Private

Legal Form

Joint-Stock Company

Business Sectors

Radio and television broadcasting; Entertainment; Event management; Advertising

Ownership

Individual Owner

Olta Reka

Olta Reka got involved in the company ‘Club Muzikor’ JSC in 2008, after one of the founders of the company, Ioannis Doudoulakis, donated to her his 26% of shares. Reka is also one of the main hosts of the morning show ‘The Morning Club’ at Club FM. She is also the sister-in-law of the main shareholder of Club FM, Arben Bylykbashi.

26%
Media Outlets
Other Media Outlets

Other Online Outlets

http://clubfm.al

Facts

Media Business

Radio and TV broadcasting

Club Muzikor (74%)

Entertainment

Club Muzikor (74%)

Business

Radio and TV production

Club Production (100%)

Advertising

Club Production (100%)

Entertainment

Club Production (100%)

General Information

Founding Year

1999

Affiliated Interests Founder

Ioannis Doudoulakis, Nikolaos Papadopoulos, Gjergji Shemko, Arben Bylykbashi – the cooperation between the Greek partners, Nikolaos Papadopoulos and Ioannis Doudolakis and the Albanians Gjergji Shemko and Arben Bylykbashi, brought in march 1999 the foundation of the company ‘Club Muzikor,’ which owns Club FM and later extended its activity in event organization and advertising. At the time of the company’s foundation Papadopoulos and Doudoulakis controlled 26% of the shares each, while Bylykbashi and Shemko 24% each.

Employees

Missing Data

Contact

Rogner Hotel Tirana, Bvd. Deshmoret e Kombit, Tirana

Tel: +355 68 20 00789

Website: clubfm.al

Tax/ ID Number

K31617016M

Financial Information

Revenue (Financial Data/ Optional)

0.38 Mio. $ / 48.45 Mio. Lek

Operating Profit (in Mill. $)

0.04 Mio. $ / 5.06 Mio. Lek

Advertising (in % of total funding)

Missing Data

Management

Supervisory Board

Enkel Demi – is a moderator of TV and radio shows. He started his career in 1993 at Radio Tirana and later moved to TV Klan. Demi now heads the show “Look at the program’ at RTSH and the show ‘A car with two wheels’ at Club FM. Demi is also a member of the supervisory board of the company ‘Club Muzikor.’

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

The ownership structure and financial statement of “Club Muzikor” join stock company are publicly available on the Albanian National Business Registry. The financial data provided are for 2016. The Central Bank's average exchange rate for 2016 was used to convert the amounts into USD. See sources for more.

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