DPA is in the red
The news agency DPA was in the red in 2009 due to the relocation of its central editorial offices to Berlin.
As the German news agency explained on Wednesday according to SDA, the project resulted in a net loss of 3.8 million euros. The chairman of the DPA management board, Malte von Trotha, emphasized: "Adjusted for the costs of the move, the result would be 7.7 million euros better - there would be a net profit for the year." The news agency plans to officially open its new central editorial office with around 300 employees in Berlin on September 15, 2010.
DPA's turnover fell by 4.1 percent to 90.3 million euros in 2009, mainly due to the termination of the WAZ media group.
DPA's turnover fell by 4.1 percent to 90.3 million euros in 2009, mainly due to the termination of the WAZ media group.
