Forbes announced Wednesday the launch of its latest local-language edition, Forbes Ukraine, through a licensing agreement with United Media Holding. The first issue is on newsstands now in the Ukraine.
This marks Forbes’ 14th international edition to date. Forbes Ukraine will begin on a monthly publishing schedule with a circulation of 30,000. Vladimir Fedorin, who most recently held a senior editorial position at Forbes Russia, will serve as the editor in chief.
Other editions are published in licensee editions in China, Croatia, India, Indonesia, Israel, Korea, Latvia, Middle East, Poland, Romania, Russia, Slovakia, and Turkey.
“It is a great honor and responsibility for us to launch the Forbes brand in the Ukraine,” said Boris Lozhkin, the president of UMH, in a statement. “Entering the Ukrainian market with the most influential business magazine in the world is an important step for us in moving towards a global economy, and in implementing the best standards in world journalism.”
“The Forbes family is so excited to enter the Ukraine, and work with UMH to offer our style of journalism to a such a dynamic market,” added Miguel Forbes, president, Forbes Television and Licensing.