<p>Radio Smart SRL, the company that operated the radio license, has filed for bankruptcy, and the company's liquidator has notified the NAC of the cessation of broadcasting. The radio station was launched by Valentin Nicolau (former president of TVR) and was later taken over by Marius Tucă after his death. Due to financial problems, the station gradually lost its licenses until the one in Bucharest was withdrawn.
Sources
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