Troubles mount for Serbian station
11.22 Europe/London, January 30, 2012 By Chris Dziadul

The troubled Serbian national station TV Avala is now facing the real threat of closure.

Balkan Insight reports that security personnel have prevented striking personnel from entering its studios and taking the station off the air.

A dispute between the station’s owners, headed by Danko Djunic (45.65%) and the Austrian company Greenberg Invest (48.41%), over unpaid salaries broke out in late December, since when TV Avala has not broadcast any live programming.

TV Avala was launched in 2006 and is understood to have had debts of €25.7 million in 2010.

At the same time, its income that year amounted to only €2.6 million.