BUSINESS BRIEFS

Public radio SRo in the red

THE STATE run public broadcaster Slovak Radio (SRo) ended last year with a loss of Sk62 million (€1.53 million), and, according to the daily SME, it expects the figure to double this year, reaching Sk123 million (€3.03 million).

SRo has been holding talks for a bank loan worth Sk60 million (€1.48 million) to reform its operations. SRo has also demanded that the state release Sk230 million (€5.67 million) in funding assistance. The Finance Ministry has not yet agreed on the final sum.

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