Lux FM is the second most popular radio station in Ukraine. Founded in 1994 by Andriy Sadovyi, Lux FM is an all-Ukrainian radio network broadcasting music, news, morning talk-shows, and other entertainment and information programmes. The radio is a part of the media holding “TV and Radio Company Lux”, which was founded by the Mayor of Lviv, Andriy Sadovyi, who is also the leader of the political party “Samopomich” (Self-Reliance). At the moment, the media holding belongs to his wife, Kateryna Kit-Sadova (76,8%), and a member of “Samopomich”, his business partner Roman Andreyko (13,1%). The last to join the holding was Oksana Andreyko – Roman Andreyko’s wife, who received 10,1% in 2012.On ownership structure: The brand Lux FM belongs to PJSC “TV and Radio Company Lux”, which owns 49% of Radio Company Lux, where the rest belongs to the shareholders of TRK Lux: Kateryna Kit-Sadova, Roman and Oksana Andreyko. The other three companies (Subsidiary Enterprise “Vsima-Radio-TB”, Subsidiary Enterprise “TV and Radio Company Lux” and LLC “Contact-Inform”) 100% belong to TRK Lux.
Media Companies / Groups
Affiliated Interests Founder
Andriy Sadovyi was born on 19.08.1968 in Lviv. A graduate of Lviv Technical School of Radioelectronics, he later obtained three degrees, including Electronic Engineering degree from Lviv Polytechnic State University, where he met Roman Andreyko, Finance and Economics degree and finally a Master’s degree in State Governance. In 2002-2006 he was the Head of the Boar of “Tv and Radio Company Lux”. Since 2005 he is the leader of the political party “Samopomich”. In 2006 he was elected as the Mayor of Lviv for the first time, followed by elections in 2010. Andriy Sadovyi is still the Mayor of Lviv and is married to Kateryna Kit-Sadova (the current co-owner of the “TV and Radio Company Lux”). Together they have five sons.
Affiliated Interests Ceo
Roman Andreyko is the founder and a co-owner of Radio 24. Born in Lviv in 1968, he graduated from Lviv Polytechnic University in 1995, where he met the Mayor of Lviv, Andriy Sadovyi. Roman has been working for the radio Lux FM since 1993. Starting as a technical director, he became the CEO as well as an Executive Partner of the Lux media holding in 1999. In 1998-2002 he was elected to the Lviv City Council. In 2014-2015 he was a Kyiv City Council Deputy and a permanent member the Committee on Information Policy and Advertisement. He is married to Oksana Andreyko, who is the second co-owner of Radio 24.
Affiliated Interests Editor-In-Chief
Marta Bilska is the Programme Director of both Radio 24 and Lux.fm. Born on 28.07.1975 in Lviv, she studied Journalism at Lviv National University and graduated in 1998. Marta has also been a permanent host of the Jazz Bez Festival.
Other Important People
Affiliated Interests other important people
Born in 1969 in Lviv, Andriy Stetskiv received his PhD in history. Since 1990 He was engaged in social activism, later becoming a part of such initiatives as “Nova Hvylia” (New Wave), political party “Reformy i Poriadok” (Reforms and Order), “Za Pravdu” (For Truth). In 2002-2006 Stetskiv was Lviv City Council Deputy and was re-elected for the second term in 2006. Andriy Stitskiv is a member of the political party “Nasha Ukrayina” (Our Ukraine) since 2005 and is a co-founder of TRK Lux. Stitskiv is married and has two daughters.
Revenue (in Mill. $)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
A house with much unknown. Retrieved from: http://ratusha.lviv.ua/index.php?dn=news&to=art&id=2025 (03.09.2016).
National Council to clear why Lux FM was so commemorating Petliura, victims of war and repressions so bad. Retrieved from: http://dnr24.com/main/23171-nacsovet-vyyasnit-u-radio-lyuks-fm-pochemu-tam-ploho-chtili-pamyat-petlyury-zhertv-voyny-i-repressiy.html (03.09.2016).
The data on the Private Enterprise “Vsima-Radio-TB” was not found in the Public Register, and therefore could not be confirmed. Similar to the case of other outlets of TRK Lux, we found imbalance in information about the legal owners and affiliated persons, which means that the management of the company and decisions are likely to be made by those who have more public exposure. For example, Andriy Sadovyi has no connection to the TRK Lux, but has more influence on the company than his wife, who is the biggest shareholder.
Sources Media Profile
Unified state register of the Ministry of justice of legal entities, individual entrepreneurs and civic formations. Retrieved in August 2016, from https://usr.minjust.gov.ua/
State register of the National Council of Television and Radio Broadcasting of Ukraine. Retrieved in August 2016, from http://www.nrada.gov.ua/ua/derzhavniyreestr.html
Web-site of terrestrial TV and radio broadcasting of Ukraine. Retrieved in August 2016, from http://ukrtvr.org/828