UMH launches Telenedelya in Stavropol

Ukrainian Media Holding (A65 GR: BUY) announced on Friday it launched the weekly Telenedelya, its core publication, in Stavropol, which became the 26th region in Russia where it is published. The company also said that it is in the process of rebranding Telegazeta, and expects that process to be completed by end-2008. Olha Pankiv: This is the second regional edition of Telenedelya in Russia launched since UMH’s placement in April 2008. In line with the company’s management plans, we expect at least two more in autumn, including St. Petersburg.