Last year, the pilgrimage agency of the Romanian Orthodox Church, Basilica Travel, recorded a net turnover of 6,570,618 RON, over 1 million RON more than in 2016, according to data provided by the Ministry of Finance.
The net profit recorded by Basilica Travel last year was 472,984 RON, significantly lower than the 1,520,827 RON in 2016.
The agency’s profit is directed towards supporting the Church’s pastoral-missionary activities, such as Radio Trinitas, TV Trinitas, and Ziarul Lumina, according to the agency’s website.
The debts recorded by the ROC’s travel agency doubled compared to the previous year – 10,429,848 in 2017, compared to 5,450,582 in 2016.
Source: Wall-Street
Frequently Asked Questions
What was Basilica Travel’s turnover in 2017?
In 2017, Basilica Travel recorded a net turnover of 6,570,618 RON, an increase of over 1 million RON compared to 2016.
How is the profit from Basilica Travel used?
The profit is used to support the Romanian Orthodox Church’s media outlets, including Radio Trinitas, TV Trinitas, and Ziarul Lumina.
Did Basilica Travel’s debt increase in 2017?
Yes, the agency’s debts doubled in 2017, reaching 10,429,848 RON compared to 5,450,582 RON in 2016.