United Media Holding’s President wins award in Moscow
16 July 2008
United Media Holding’s (A65 GR: BUY) President Boris Lozhkin received the Russian National Award “Russian Media Manager 2008” for the company’s successful equity placement, according to a UMH press release yesterday. In May, United Media Holding, which is an umbrella for Ukrainian Media Holding and Russia’s Popularnaya Pressa, attracted USD 45 mln via the placement of a 15% equity stake. Since placement, the company’s MCap has risen 18.3% to EUR 228.1 mln.
