Romania's public radio broadcaster posts EUR 1.5 mln net profit
The state-owned Romanian Radio Broadcasting Corporation (SRR) posted a net profit of EUR 1.5 million in the 2014 financial year.
The company had total revenues of EUR 93.8 million, whereas its total expenses amounted to some EUR 91.8 million, reports local Mediafax.
The Public Radio’s Administration Board agreed to distribute over 10% of the profit to the employees, namely some EUR 169,000. It will keep the rest reserves, and use them as own financing sources.
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