The Romanian public broadcaster TVR has announced plans for a major restructuring and at the same time denied that it is facing serious financial problems. Its general director Tudor Giurgiu, in particular, has been criticised in the local media for neglecting finances, paying inflated sums for programme acquisitions and movie broadcast rights. TVR’s revenues in 2005 amounted to €121.42 million, with receiver licence fees accounting for 68.15% of the total, state funding 19.20% and sponsorship and advertising, which is restricted in its four channels, only 10.97%. Besides shedding a large number of staff, Giurgiu would like to see receiver licence fees increased from RON4 (€1.18) to RON6 a month in a move that would raise the broadcaster’s income by up to 5%.(CD)
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