Type
Merger/Acquisition
Country
Slovakia
Region
Bratislavsky kraj; Bratislavsky kraj;
Location of affected unit(s)
Bratislava
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting activities

285 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

Slovenska televizia RTVS will dismiss about 285 employees, of which 85 are managers, by the end of 2011. Dismissals are attributed to internal restructuring, which follows after the merger of Slovak Radio and Slovak TV companies. The merger was proposed by the government to reduce the sustaining debt of the Slovak TV and rescue it from bankruptcy.


Sources

  • 14 March 2011: Pravda

Citation

Eurofound (2011), Slovenská televízia RTVS, Merger/Acquisition in Slovakia, factsheet number 71861, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71861.