EastOne has begun consolidating three Ukrainian television channels into a media-holding

An international investment advisory group EastOne is implementing the project of creation of a media holding based on three Ukranian television channels – ICTV, STB and Novy. EastOne CEO Gennady Gazin made the announcement during an investment conference arranged by Alfa Bank and Alfa Capital.

According to Mr. Gazin, Ukraine’s Antimonopoly Committee has already given green light to the formation of the media holding. And some Baikal hotels already done.

“The media business will continue to remain one of the strategic pillars of our asset portfolio”, said Mr. Gazin while emphasizing the rapid development and attractiveness of the sector.

Television channels Novy, ICTV and STB are respectively rated as number three, four and five in Ukraine.


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