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Correa public media merged into one company

Correa Public Media Merged Into One Company

Correa public media merged into one company

Workers in the new conglomerate will be subject to “a process of evaluation, selection and rationalization of human talent”.

President Rafael Correa signed a decree establishing the merger of Ecuador TV, Public Radio and News Agency Andes, which will takeover the company public newspaper El Telegrafo. The new conglomerate will be called: Public Enterprise Public Media’s Ecuador (public-EP Media), says the decree states that the president can merge public entities that duplicate functions and activities. the directors of the entities involved have a period of 10 days, which began yesterday, to carry out the merger and 90 days for Public-EP Media, in coordination with the Coordinator of Public Enterprises and the National Communications Secretariat of Ecuador Company, run the administrative, financial and operational to fulfill the decree actions. the Ministry of Finance will provide budgetary allocations for the operation of the group until it reaches very stability. The amount of investment for the Ecuadorian state has not said. The decree also states that workers from Ecuador TV, Public Radio and News Agency Andes may form part of Public-EP Media, after “a process of evaluation, selection and rationalization human talent. “

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