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%.
Business Form
Private
Legal Form
Joint-Stock Company
Business Sectors
Radio and television broadcasting; Entertainment; Event management; Advertising
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.
Other Online Outlets
http://clubfm.al
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.
Papadopoulos – member of the association of Greek businesses in Albania, left the company in 2006 and donated his shares to Arben Bylykbashi. Before leaving ‘Club Muzikor,’ Papadopoulos founded two other radio stations, called ‘Love Radio’ and Radio DJ, while after he expanded his business in Albania with two other small consultancy companies, in advertising and telecommunications. Papadopoulos has also a long experience in the radio market in Thessaloniki, Greece. He has been previously an owner of the radio station Club FM, Thessaloniki and now is a shareholder in the radio stations Sunrise FM and Libero FM. Papadopoulos also owns shares in the company arx.net sa, which builds mobile applications and services.
Ioannis Doudoulakis – in November 2008, the other Greek owner Ioannis Doudoulakis left the company, donating its shares to Olta Reka.
Gjergji Shemko – the producer, Gjergji Shemko, who when the radio station was founded held the post of general director, also left the company in 2008. His shares in the company were first transferred to Halit Mema and later to Arben Bylykbashi.
Arben Bylykbashi ¬– since May 2015, Bylykbashi owns 74% of the company and Olta Reka 26%, the sister-in-law of Bylykbashi.
Employees
Missing Data
Contact
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.’
Flutura Bylykbashi – is a member of the supervisory board of the company ‘Club Muzikor’ JSC and the wife of the majority shareholder, Arben Bylykbashi. She is also the sole owner of the production company ‘Club Production’ JSC.
Rajmonda Mema – is a member of the supervisory board of the company ‘Club Muzikor’ JSC.
Rudina Qirici – is a member of the supervisory board of the company ‘Club Muzikor’ JSC.
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 26% of his 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.
Further Information
Headlines
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.
