UMH

UMH

UMH group is an international multimedia group. It contains over than 50 brands in all four types of media: radio, TV, press and Internet. UMH ranks 15 among largest media companies that operate within former soviet republics. The holding was founded by Boris Lozhkin who remains its president until 2014 its president and principal shareholder on the basis of “Telenedelya” (“TV week”) newspaper.

Key facts

Business Form

private

Legal Form

Limited Liability Company

Business Sectors

Broadcasting # Publishing # Retail # Internet media

Ownership

Individual Owner

Sergiy Kurchenko

Bradley Matthew Adrian is indicated as a final owner of UMH Group, but this person is very little information about this person apart from the fact that he is currently a director in 35 off-shore companies and resides in Belize. There is evidence to assume that Sergiy Kurchenko is the real owner of UMH. He and his businesses are affiliated with Viktor Yanukovych, the former President of Ukraine. Born in Kharkiv in 1985, Sergiy has a degree in accounting and auditing, intellectual property and law. His spheres of interests include oil and gas industry; he is the owner of FC "Metallist" (Kharkov). In 2009 he was the owner of the company "Gas of Ukraine", which subsequently focused its assets in the holding SEPEK (Eastern European Fuel-Energy Company). The company also acquired the assets of "Lukoil" - Odessa refinery, which at this time is in the process of bankruptcy. Interior Minister Arsen Avakov reported on suspicion of SEPEK in tax evasion. The whereabouts of Sergey Kurchenko are unknown. He is in the international wanted list.

100%
Media Outlets
Other Media Outlets

Other Print Outlets

Journal "Korrespondent" (1,1%)

Other Radio Outlets

Retro FM (25,70%)

Other Online Outlets

Korrespondent.net (10,2%)

Facts

Media Business

Media Business

Press | Publishing house “Ukrainian Media Holding”: Forbes, Korrespondent, KP, TV week, Arguments and Facts, Dengi (Money) #
Online | korrespondent.net, bigmir.net, i.ua, tochka.net, football.ua, Forbes.net.ua #
Radio | Company “Radio Group”, LLC “Prime Business Group”, Avtoradio, Retro FM, Nashe Radio, NRJ (Europa Plus), Джем FM, Golos Stolitsy [The voice of the capital], Lounge FM #
Advertisement | Sale House Digi Media, LLC “Prime Time”, Private Corporation “Luganskdruk”, LLC “Radiorama” #
Publishing | LLC "Ukrpoligraphmedia” (publishing), LLC "Vetek media invest” #
Press Distribution | LLC “Tvoya presa” (Your press), LLC “Pres Trade”, PC “Tvoya Presa - Zapoizhzhia”, LLC “Tvoya Presa - Donetsk”, LLC “Tvoya Presa Lugansk”, LLC “Tvoya Presa Kharkiv” #
TV Companies without broadcasting licenses” | LLC “Ilonit-TV”, LLC “Pilot - Ukraine”

Business

General Information

Founding Year

1994

Founder

TRILADO ENTERPRISE INC. (British Virgin Islands)

Affiliated Interests Founder

TRILADO ENTERPRISE INC.
is founded by LLC "Vetek Media Invest" (Ukraine), which is owned by Bradley Matthew Adrian

Employees

MD

Contact

04080, Ukraine, Kyiv,104 Frunze str.

Phone: +380 44 205-43-00,

umh.ua

Tax/ ID Number

24282693 (LLC "Ukrainian Media Group")38864877 (LLC "Vetek Media Invest")

Financial Information

Revenue (Financial Data/ Optional)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Management

Executive Board + Interests Executive Board

MD

Non-Executive Board + Interests Non-Executive Board

MD

Supervisory Board + Interests Supervisory Board

MD

Other Influential People + Interests Other Influential people

MD

Further Information

Headlines

Новый владелец «Наше радио» рассказал, как покупал радиостанцию у Курченко: http://mediananny.com/novosti/2316602/
Американцы пытаются отобрать лицензию у «Forbes Украина». Издание лишилось домена .UA
http://ain.ua/2015/08/07/596458
Американский Forbes отобрал у UMH права на использование их бренда
http://ain.ua/2015/08/08/596678

Data Unavailable

ownership data is not publicly available, company/channel denies the release of information or does not respond, no public record exists

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Meta Data

Sergiy Kurchenko is legally not bound to his media businesses and groups, i.e. does not appear as an owner in legal documents. Yet there is evidence to assume that he is the actual final owner. For instance, UMH in its statement (on its official website) indirectly confirmed ties with Kurchenko when commenting about Forbes international withdrawing its license from Ukrainian Forbes. In SEPEK Press Release, published at “Liga Business Inform” Kurchenko himelf comments on his (SEPEK) purchase of UMH in 2013 (21 June).
Information on affiliation of Kurchenko with UMH was also confirmed by the registry of court decisions. In particular, the decision on collection of debts from "Correspondent" to "Ukreximbank" the third party indicated the company of Kurchenko "SEPEK", in Ukrainian transliteration (Eastern European Fuel Energy Company) - business owned by Sergiy Kurchenko (press release published by Information Agency "Interfax"). All the businesses included in the UMH, indicate a citizen of Belize, Bradely Matthew Adrian, as the final owner. The latter is currently a director at 35 other off-shore companies – google searches result with this name being linked to Panama Papers. There is very little data available from the official sources, the most part of data was acquired from journalists’ investigations and news about criminal investigation with official comments of prosecutors.

Sources

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/

  • Project by
    Institute of Mass Information
  •  
    Reporters without borders
  • Funded by
    BMZ