Económico TV declared insolvent
Económico TV declara insolvência
Intel ID : 242731
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Económico TV, Portugal-based television channel of New Media, held by Ongoing Strategy Investments, was declared insolvent, according to the information published by Citius on 21 November 2016. The deadline for outstanding credits is 30 days. According to the publication, Lisgráfica and ST & SF (which held Diário Económico) are creditors of the process. In the end of August 2016, Ongoing was declared insolvent, and then liquidated in late October. The company had a debt of EUR 1.2m (see related intels).
(content in portuguese)
O Económico TV, canal de televisão português da New Media, controlado pela Ongoing Strategy Investments, foi declarado insolvente, de acordo com as informações publicadas esta segunda-feira, 21 de Novembro, no portal Citius. O prazo para a reclamação de créditos foi fixado em 30 dias. Segundo a publicação, a Lisgráfica e a ST&SF (que detinha o Diário Económico) são credores do processo. A decisão aconteceu depois de a Ongoing ter sido declarada insolvente no final de Agosto e ter avançado para liquidação no final de Outubro. A empresa tinha uma dívida de EUR 1,2m (ver intel relacionado) |
Relevant Documents
| Other | 21 Nov 2016 | Edital_Economico_TV_-_New_Media.pdf | PT |
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| Intel ID | 242731 | ||
| Value | ND | ||
| Native Currency | Euro (EUR) | ||
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Financial Data - Económico TV - ETV
(31 Dec 2014) |
Revenue: EUR 2,31m EBITDA: EUR 0,34m Net Debt: EUR 11,63m People: 38 |
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45.02.06 Television Broadcasting & Programming 45 Media, Entertainment & Information Services / 45.02 Media & Information Services |
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25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.