In Latvia Today, 13:434 NEPLP cancels "EHR Latvian hits" broadcasting permit

RockedBuzz
By RockedBuzz 4 Min Read

The National Electronic Media Council (NEPLP) canceled the broadcasting license of SIA “EHR Latviešu hiti”, according to the information published in the official publication “Latvijas Vēstnesis”.

Illustrative image.
Illustrative image. Photo: Pixabay

The National Electronic Media Council (NEPLP) canceled the broadcasting license of SIA “EHR Latviešu hiti”, according to the information published in the official publication “Latvijas Vēstnesis”.

According to NEPLP, the broadcasting license was canceled at the request of “EHR Latviešu hiti”.

The decision to cancel the broadcast was made on June 29.

Meanwhile, “Firmas.lv” information shows that SIA “EHR Latviešu hiti” and SIA “Latviešu hiti”, which belonged to SIA “Super FM infrastruktura”, and which were planned to be merged, have ceased operations. At the same time, “Super FM infrastruktura” has been renamed to SIA “EHR Latviešu hiti” since May 26.

“EHR Latviešu hiti” and “Latviešu hiti” stopped working on May 23.

Also, on May 23, the share capital of the reorganized “EHR Latviešu hiti” was increased by 181,900 euros, which will be 184,700 euros in the future.

TVNET already announced that “EHR Latvian hits” and “Latvian hits” will be added to the radio program broadcaster “Super FM infrastructure”.

The decision on the merger was made on January 14.

The information in “Firmas.lv” shows that the current “EHR Latviešu hiti” is the sole owner of the two reorganized companies. The location of all three companies was Elijas iela in Riga, and the same officials were on the boards of the companies – Richard Zaks, Uģis Polis and Guntars Traubergs. Zacks served as chairman of all three companies.

The draft of the reorganization agreement states that after the merger, the share capital of the current “EHR Latviešu hiti” or the former “Super FM infrastructure” will be 184,700 euros, the further distribution of which will have to be decided by the company’s members. In the course of the reorganization, the acquirer will take over the property, employees and transactions of the two merging companies.

The discontinued “EHR Latviešu hiti” was registered on August 30, 2022, and its share capital is 2,800 euros. In the last four months of 2022, its turnover was 7,125 euros, and its profit was 232 euros.

Meanwhile, “Latviesu hiti”, which has ceased operations, was registered in 2014, and its share capital is 179,100 euros. In 2022, “Latviesu hiti” worked with a turnover of 118,969 euros and a profit of 1,442 euros. The current “EHR Latviešu hiti” or “Super FM infrastructure” bought the company from SIA “XO Media Group” last April.

On the other hand, the reorganized “EHR Latviešu hiti” worked with a turnover of 557,179 euros and a profit of 256,138 euros in 2022. The company was registered in 2003 and 33% is owned by both Polim and Trauberg’s company SIA “Guntars Traubergs Investment”, while Zaks owns 34% of the capital.

FacebookLinkedInFor friendsTwitter

Comments4

Share This Article
Leave a comment