RTL contract, uni budget, Gabriel Crean

The government has renewed RTL’s public service TV contract, and its TV and radio operating licenses. The new accord runs from 2021 to 2030. Privately owned RTL will receive a government grant of up to €10m a year to fulfill its public service broadcasting role.
The University of Luxembourg’s board of governors has unanimously approved the 2017 budget requested by the school’s administration. Spending will rise by 6% over 2016, to roughly €225m.
Banque internationale à Luxembourg announced the five finalists for its annual Woman Business Manager of the Year award. They are: Alexandra Fernandez, co-founder of Travelsify; Virginie Simon, co-founder of MyScienceWork; Elfy Pins, founder of Supermiro.com; Nathalie Dondelinger, co-founder of Kliber; and Mathilde Argaud, founder of LargoWind. The finalist will be announced 27 April.
The Irish physicist who previously headed the Luxembourg Institute of Science and Technology has been hired as a strategic advisor to the economy minister, Étienne Schneider, according to Paperjam’s sources. Gabriel Crean was CEO of List from April 2015 to December 2016. At the ministry, he will work in the fields of research, intellectual property and new technologies.
11 out of 14 Luxembourg employees at Turkiye Garanti Bankasi, the private banking unit of Turkey’s second largest bank, will be made redundant. In March, trade unions said all 14 staff would be transferred to the bank’s Malta operations when operations in the grand duchy shut down on 30 June. Now only 1 employee will be transferred to Malta and 1 to the Netherlands; the future of 1 staff member was unclear.