El Telégrafo newspaper would present a better year, after losses

“The company is in the process of transformation to a public enterprise,” is stated in the website of El Telégrafo newspaper. To transform the company into a public one, a consultant was hired for advice, for which $ 32,000 were paid, which is showed in the 2013 accountability of National Graphics (Editogran).

This accountability indicates that in one year 1,161 contracts were awarded for $ 30’439.380.

Editogran highlighted in its report the acquisition of new equipment, like the new press, which has allowed them to increase their operational capacity.

In 2013 the company managed a budget of $ 67’980.080, from which $ 38’912. 521 were implemented, meaning a 57%.

This amount was invested at a higher rate in the edition of El Telégrafo, whose maintenance costs $ 177,716, PP (a small-press publication) costs $ 45,348. Although higher costs are for administration, with a heading of $ 252,034; technology with $ 577,851 and production, an area in which $ 7’408.259 were allocated, only $ 1’344.107 were implemented.