Grupo La República

Grupo La República

Grupo La República is the second largest print and digital media organization in the country. It owns three newspapers, a Sunday supplement, the Peru edition in the newspaper “El País,” six news websites, is on the board of directors at two television channels and owns a foundation to train journalists. In other businesses, it owns two online sales websites, an online payment site, a betting site, an electronic money business and the printing press for La República. In 2003, it acquired 30% of the shares of América Televisión (free-to-view) and Canal N (cable). Together with their partners in the “El Comercio” Group, they created the company Plural TV S.A.C. in order to manage both channels. That year, the Mohme family changed the name of "Cia Impresora peruana" -dedicated to the production of the newspapers- to Grupo La República S.A. In 2007 another company was established called Grupo La República Publicaciones S.A.

The group is made up of several companies: Grupo La República Publicaciones, which is responsible for editing the group's newspapers; Grupo La República Digital that supplies the group's websites; the Editorial Septiembre, which is in charge of the books and collections edited by the Group; Grupo La República S.A. and Plural TV S.A. They also own the Gustavo Mohme Llona Foundation.

Somo family members had recently entered into the electronic money business through GMovil S.A.C and Gmoney S.A.

In 2010, the group acquired 30% of the shares in Teleamazonas de Ecuador and two years later they acquired 45%.

In early 2013, GLR attempted to buy Epensa, another newspaper business. However, the partners at Epensa decided to sell their stake to Grupo El Comercio (GEC). Prior to that transaction, GLR had 16.39% market share of newspaper sales in the market, Epensa had 28.56% and GEC 49.3%, according to figures from SEPP. After the sale, GEC had 77.86% arket share. From there, GLR began a campaign questioning the "media concentration" by GEC, and eight journalists filed a lawsuit in the case.

GLR is a company thet belongs to the Mohme Seminario family. The elder brother, Gustavo Mohme Seminario, is the visible face of the companies and manages the majority of actions in them. The company distributes disks, instalments and other collectibles alongside the newspapers.

Key facts

Mother Company

Grupo La República Publicaciones S.A.

Business Form

Private

Legal Form

Limited Company

Business Sectors

Electric money, real state, printing business

Ownership

Individual Owner

Gustavo Adolfo Mohme Seminario

Gustavo Mohme Seminario is the eldest son and principal heir of the founder of the “La República” newspaper, Gustavo Mohme Llona. He has been the visible face and director of this newspaper since his father died, he is also majority shareholder of all the companies in the group. Chairman of the board of Grupo La República S.A. He is an engineer by profession, and a journalist and businessman by trade. Before leading the newspaper “La República,” he was general manager of the group. He was president of the “Sociedad Interamericana de Prensa (Inter-American Press Association)” (IAPA) for the period 2014-2015 and is currently vice president of the SIP Executive Committee. He was a member of the board and of the “Consejo Consultivo Editorial (Editorial Advisory Council)” of América Televisión. In the Power Survey, he is considered the eighth most influential journalist in the country. Ideologically, he is center-left. In the 2011 election, under his leadership, the newspaper “La República” supported the candidacy of Ollanta Humala. And during his rule, he also supported some of the measures. In other businesses, Mohme Seminario is a shareholder and agent of Gmovil, a company that belongs to the “La República” group that is dedicated to electronic money, and the family-owned real estate company Hetir SAC, which acquired M&M Desarrollo Inmobiliario S.A.

42%

Helena Ramona Seminario de Mohme

Ramona Seminario is Gustavo Mohme Llona’s widow. Shareholder of the companies of Grupo La República. Mother of the six Mohme Seminario brothers.

36%
Media Outlets
Other Media Outlets

Other Print Outlets

El Popular, Líbero, Suplemento Domingo, El País (España), Revista Descabellado

Other TV Outlets

América Tv HD, Canal N

Other Online Outlets

www.larepublica.pe, www.libero.pe, www.elpopular.pe, www.aweita.pe, www.wapa.pe, www.larepublica.pe/descabellado

Facts

Media Business

Media companies

Grupo La República Publicaciones S.A., Grupo La República Digital S.A., Plural TV S.A.C.

Digital business

Cuponidad Perú S.A. (Lucas.pe, Cuponidad.pe), Grupo La República Digital (Coleccionesglr.pe, Suscripcionesglr.pe, Seguripago.pe, Libero.pe/lapollalibero).

Editorial business

Editorial Septiembre.

Printing business

Grupo La República Magazine, Revista Descabellado.

Business

Electronic money

GMovil, Gmoney (aPanda.com.pe)

Grupo La República Internacional

General Information

Founding Year

2003

Founder

Gustavo Mohme Seminario

Affiliated Interests Founder

Gustavo Mohme Seminario is the eldest son and principal heir of the founder of the “La República” newspaper, Gustavo Mohme Llona. He has been the visible face and director of this newspaper since his father died, he is also majority shareholder of all the companies in the group. Chairman of the board of Grupo La República S.A. He is an engineer by profession, and a journalist and businessman by trade. Before leading the newspaper “La República,” he was general manager of the group. He was president of the “Sociedad Interamericana de Prensa (Inter-American Press Association)” (IAPA) for the period 2014-2015 and is currently vice president of the SIP Executive Committee. He was a member of the board and of the “Consejo Consultivo Editorial (Editorial Advisory Council)” of América Televisión. In the Power Survey, he is considered the eighth most influential journalist in the country. Ideologically, he is center-left. In the 2011 election, under his leadership, the newspaper “La República” supported the candidacy of Ollanta Humala. And during his rule, he also supported some of the measures. In other businesses, Mohme Seminario is a shareholder and agent of Gmovil, a company that belongs to the “La República” group that is dedicated to electronic money, and the family-owned real estate company Hetir SAC, which acquired M&M Desarrollo Inmobiliario S.A.

Employees

Grupo La República Publicaciones S.A. : 590 workers and 39 service providers Grupo La República S.A. : 6 workers and 4 sevice providers Grupo La República Digital S.A. : 59 workers and 2 service providers Editorial Septiembre : 11 workers and 1 service pr

Contact

Jr. Camaná 320, Cercado de Lima.

Teléfono: (511) 7116000

Página web: www.larepublica.pe

Tax/ ID Number

20101462081 (RUC)

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Public contracts with the government | La República Publicaciones: 1,2 million dollars (4,3 million soles - 2015) and 1’307,508.95 (so far this year 2016); La República Digital: 115 thousand dollars (392 thousand soles) (2015)

Management

Executive Board + Interests Executive Board

Maria Eugenia Mohme Seminario

She is Chairman of the Board of directors and corporate commercial manager at Grupo La República Publicaciones and member of the board of directors at América Televisión and Canal N. She is also vice president of the “Consejo de la Prensa Peruana “Peruvian Press Council).” for the period 2016-2018.She was in charge of the restructuring of the company's operations. She is a civil engineer and holds an MBA from Centrum and led a Management Program for CEOs at Northwester University in the United States. She is manager of Inversiones Mohme S.A. and was manager at M & M Desarrollo Inmobiliario S.A. She is a minority shareholder of all the family businesses, holding the same percentage as her siblings. She owns 3.5% of the real estate company Hetir S.A. She was director of the real estate company Proyec Sa W&M Contratistas Generales S.A. and W & M Contrat Gnrales S.A. Cefoisa Asoc. She has also worked for her father’s company Woodman & Mohme.

Non-Executive Board + Interests Non-Executive Board

José Manuel Samanez Acebo

He has been manager of the companies of “Grupo La República” for a long time. He is a trusted man of the Mohme Seminario family. He is general manager of Grupo La República S.A. and La República Internacional.

Supervisory Board + Interests Supervisory Board

Carlos Castro

Deputy director of the newspaper “La República”. He is, in essence, the one in charge of managing the newspaper.

Other Influential People + Interests Other Influential people

Ramona Seminario, mother

She is Gustavo Mohme Llona’s widow. Shareholder of the companies of Grupo La República. Mother of the six Mohme Seminario brothers.

Further Information

Data Publicly Available

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

2 ♥

Meta Data

Its financial information is not publicly available. They did not participate in the rating of the Top 10,000 Peruvian enterprises.

Sources

CAVANAGH, Jonathan. Perú: The Top 10,000 Companies 2016. Publicado por: Top Publications S.A.C.

  • Ojo Publico
  • Reporters without borders
en
es
  • Project by
    Ojo Publico
  •  
    Reporters without borders
  • Funded by
    BMZ