El Telégrafo EP aims to reverse its losses into revenues

Unlike the recent years that marked Editogran, the growing Public Company El Telégrafo EP aspires from this 2015 to become “self-sustaining.”

The goal consists in the planning for the period 2015-2017 of Editogran SA, in liquidation process, according to its general manager, Santiago León. “For 2015 the company is going to be completely self-sustaining and with a good percentage of growth,” he said, and explained some background.

León informed that 2014 closed with an operating profit of “more than $ 2 million” and losses were “minimal”: about $20,000 when, compared with 2013, losses were $500,000.

The company Editogran SA, whose majority shareholder is the state, printed the newspapers El Telégrafo and PP El Verdadero since four years and a half, when it was created. However, the government established its dissolution and the creation of the Public Company El Telégrafo EP, through the Decree 545, issued on Wednesday 14 January.