KP Media Announces Launch of New Ukrainian-Language News Magazine

One of Ukraine’s largest publishers and internet portal providers, KP Media (KPME: N/R), announced the launch of a new Ukrainian-language news magazine and website, Novynar yesterday. The company will launch Novynar and Vona, a Ukrainian-language women’s monthly, in September. Earlier this month KP Media announced that it had reached a strategic agreement with Google to upgrade its email, search and AdSense advertising placement program and expanded the distribution of its 15 minutes daily newspaper in Odesa, Donetsk and Kharkiv, and the launch of its Afisha weekly in Zaporizhzhya.