Ivan Savvidis declared the final winner of a fourth broadcasting license

Greek-Russian businessman Ivan Savvidis was declared the final winner of a fourth broadcasting license as the runner-up in the recent tender for the auctioning of four nationwide TV licenses, following the withdrawal of businessman Ioannis Kalogritsas.

Ivan Savvidis said that paid the first installment of his total bid to secure the fourth TV license left in limbo after initial tender winner Ioannis Kalogritsas pulled out of the tender.

The installment totals 20.5 million euros.