The Romanian Television Company (SRTv) has completed the rental procedure for satellite transmission space for the TV channels in its portfolio, the total value of the contract concluded with Rartel S.A. amounting to EUR 10.4 million, without VAT, reports local Mediafax.

The agreement was concluded on September 29 for a period of four years. The contract was awarded based on the lowest price.

Irina Popescu, irina.popescu@romania-insider.com