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November 26, 2022

Public television registered EUR 14.6 M losses last year

According to SRTv’s report, the Romanian Television has registered a loss of approximately RON 53.8 M (EUR 14.6 M) last year, while registering total revenues of more than RON 567.5 M, ‘Gandul’ daily informs.

The report also includes a series of justifications for the deficit registered last year, ranging from legislative modification, tax hikes, inflation rate to the world economic crisis. TVR invokes difficulties in what concerns the collection of the TV tax, as well as its low value. The report blames other factors that have negatively influenced the budget: ‘the growth of inflationary pressures and the permanent changes in the prices of raw materials, energy, fuel, water.’

The text stresses the fact that SRTv has bought technology for the wider project of digitization and has launched new channels ‘at minimal expenses’: TVR 3, TVR Info, TVR HD and TVR Targu Mures. (Overall, these expenses stood at over RON 56 M). On the other hand, RON 3.4 M was saved by ‘lowering the expenditures on licensed programs by giving up on buying programs, instead producing them within the company.’

When it comes to strategies, the report points out: ‘SRTv has rethought its human resources policy and its production policy so that the activity will take place mire efficiently with a sensibly reduced number of employees, on the backdrop of launching new channels.’ That doesn’t mean that the company’s number of employees, a number that runs into the thousands, was lowered, but that the employees were redistributed.

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