PRO TV, the biggest media company in Romania, recorded net revenues of USD 41.1 million in the third quarter of this year (Q3), up by 1.6% compared to the same period of 2017.

The operation profit before depreciation amortization and impairments (OIBDA) also increased by 2.3%, reaching USD 15.6 million, according to the quarterly report of parent-group Central European Media Enterprises (CME).

Romania is CME’s second-biggest market after Czech Republic. The group also has operations in Bulgaria and Slovakia.

In the first nine months of this year, the group’s revenues in Romania increased by 6.8%, to USD 136.7 million, while the operational profit (OIBDA) went up 13.3%, to USD 58.7 million.

editor@romania-insider.com

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