Hercogiste Media: Valeri Belokon Forays Into Publishing Business

News - March 11, 2010

The Bank’s shareholder Valeri Belokon has set up Hercogiste Media, a Latvia-based publishing house. The publisher will focus primarily on evolving new media, developing unique media products and web projects, and magazine publishing.

An informative and educational Russian-language magazine will be the first product to be released by the publisher. Further plans include creating a social networking website to facilitate interpersonal communication and connectivity and establishing Business Networking Club. The investment is estimated at around 1 million Latvian lats. The publisher’s creative team is headed by Tatiana Fast and Vladimir Vigman, well-renowned Latvian journalists.

"Amid the global economic downturn, publishers all over the world have to look for new innovative methods of communicating with their readers and advertisers,” says Alexander Vidiakin, a Board member and Development Director at Hercogiste Media. „Hercogiste Media intends to proactively involve in searching and promoting such new and innovative ways in Latvia. The interaction among paper-based publications, Internet environment and real-life human relationships underlies the publisher’s business.”

Hercogiste Media is owned by Valeri Belokon, the major shareholder of Baltic International Bank.

Back to all news
Wish to receive latest news in your inbox?

Subscribe to our newsletter and receive latest news from Baltic International Bank in your e-mail!

Subscribe Arrow blue