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February 29, 2008

According to Erste Bank analysts, the Ukrainian advertising market is the most promising one among the Central and Eastern European countries Print

The Ukrainian advertising market has the highest potential for development as compared to the other Central and Eastern European (CEE) countries. This is claimed in the Erste Bank (Vienna, Austria) analytical report, which is accessible for MediaBusiness. According to the Erste Bank forecasts, in the nearest future advertisers in CEE countries will give preference to the Internet and outdoor advertising possibilities, which are going to become more attractive than TV and radio.    
 
The Erste Bank analysts note that the advertising market in CEE countries has been developing rapidly. According to the data of the Erste Bank report, the growth in advertising expenses of the CEE region is caused primarily by the GDP growth. The experts consider in part that the predictable GDP growth will lead to the CEE companies’ yield increase, and their advertising expenses will rise as a consequence.   


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