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Tough times for Serbian station

January 12, 2012 11.31 Europe/London By Chris Dziadul

The owners of the national Serbian TV station TV Avala have given assurances to the industry regulators RRA and Ratel that will resolve a dispute with their employees.

Novosti reports that a strike at TV Avala that has lasted for three weeks could result in its licence being revoked.

However, Danko Dunic, TV Avala’s chairman of the board and a 45.65% shareholder, said he was confident a solution would be found and that back wages would be paid to the employees and all other obligations met.

Zeljko Mirovic, a 4.95% shareholder in TV Avala, meanwhile revealed that €30 million has been invested in the station and its owners are in debt.

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Filed Under: Central & East Europe, Newsline Tagged With: TV Avala Edited: 12 January 2012 11:31

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