With three million euros loss in 2012 and with 45 million negative equity, Jornal da Madeira will be restructured.
Given these results, which indicate the technical bankruptcy of Jornal da Madeira, sources close to the newspaper advanced that the indication is to “restructure the company.” Source of the Social Democratic party of the region recognizes that “there has been mismanagement by the various administrations.”
Source: Diário de Notícias