Central Mediagroup Zrt. is a member of Central Group, a company group operating since 2004 in the Hungarian financial sector. Established as a factoring company, the group has expanded its activities and now is involved also in receivables, property management and financial consulting. The venture capital company owns HSBC Credit Zrt., has a shareholding in Wizz-Air, EME Zrt and Eispro Kft. Consolidated revenue of the group was around HUF 70 billion in 2014, with a staff of almost 2,000 people. Central Group acquired Sanoma Media Budapest Zrt., one of the largest media companies in Hungary, from its Finnish owner in May 2014. Renamed after the acquisition to Central Médiacsoport Zrt., the company has a large and varied portfolio of well-known brand names, entertaining, educational and lifestyle magazines and online products.