Ivan Savvidis declared winner of fourth TV license

The businessman in now expected to submit the first installment of the bid, totaling 20.5 million euros

Greek-Russian businessman Ivan Savvidis has been officially 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. The relevant committee has completed an audit on Savvidis’ tax statement and the businessman is now expected to submit the first instalment of the bid, totalling 20.5 million euros.