Forbes Magazine returns to Ukraine. Forbes Media LLC, the owner of the Forbes brand, announced
the news on 30th of March. The magazine will relaunch in spring, an online version will follow in the second half of 2020. Volodymyr Fedorin, who lead the previous version of Forbes Ukraine from 2010 to 2013, will be both a publisher (through his company UYAVY!) and editor-in-chief.
"Yes, you heard everything right. Forbes returns to Ukraine. I appeal to you as the only real owners of this project. We will build the best business media in the country solely for you and, I hope, together with you," — said Fedorin in his video message
. He also invited readers to name three businessmen whom they respect in the comments under the video.
UYAVY! LLC is a Ukrainian publishing company founded by Volodymyr Fedorin. The majority stake in the company belongs to Swiss Mimier Trade, owned by businessman Arthur Granz.
"The start of this project coincided with the toughest challenge in our lifetime, but I am sure that Ukraine and the world will overcome this with business doing its best to support the country and the people," commented
Grantz, who became the chairman of the supervisory board of UYAVY! LLC.
Forbes Ukraine, despite the quarantine, crisis and tendencies among Ukrainian media for permanent
transition into online form due to financial difficulties and distribution problems, will be published ten times a year. The magazine will be available in two languages — Ukrainian and Russian. 80% of the content will be local.
Forbes Media noted that the publication will be politically independent and meet the highest professional, editorial and ethical standards set by Forbes.
Former editor-in-chief of forbes.ua Leonid Bershidsky called Fedorin's decision to revive Forbes Ukraine during the crisis "a true punk act." "This guy caught a black swan, strangled it and devoured without pinching," Bershidsky commented