Romania’s public television finished 2010 with a 162 million lei deficit about 38.47 million euro according to last year’s activity report. A year before, the institution registered a deficit of 48 million lei. The net business numbers of the public television in 2010 was 531.87 million lei, total revenues amounting to 571 million lei.

TVR General Director Alexandru Lazarescu writes that 2010 was a difficult year and that the public television went through various management and administrative changes and many financial recovery measures were taken on the spot which explains why effects were not felt immediately.

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