Akhmetov and Novinsky own the Zaporizhzhia television channel TV5.

Novinsky AkhmetovRinat Akhmetov has been identified as the owner of Zaporizhzhia TV5. His stake is 35,2%. Another 10,5% belongs to MP Vadym Novinsky from the Opposition Bloc. The remaining shares are owned by four companies that have not disclosed their beneficiaries.

Two of them are Kyiv-based: Kyiv Securities Group LLC (24,56%) and Midland Capital Management (11,22%). The second company is owned by the Bahamian offshore company J.K. Eastrade, as well as Global Steel Investments Limited (UK) with 12,35%. The ownership of the first company is not disclosed.

Media reports suggest that over 50% of the company's shares are also owned by Akhmetov and Novinsky, but through shell companies. It's worth noting that Media Group Ukraine did not mention that TV5 is owned by Regional Media Group.

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