Organisation - June 27, 2013
Annual report: DLO gets less funding from ministry
But university gets more from the government.
On the other hand, DLO is getting more revenue from the market: 155 million euros last year. The number of assignments for contract research from the EU, the private sector and the provincial authorities all increased, but here too there was a reduction in the assignments from the ministry.
Orion
The university did get more money from the ministry of Economic Affairs last year due to a further increase in the number of students and doctorates. Despite an efficiency cut by the ministry, the university still received 292 million euros, several millions more than the previous year. The university also got more funds for contract research, a total of 81 million euros. Both DLO and the university recorded a profit in 2012, 6 and 5 million euros respectively. But the Executive Board expects the university to make a loss this year because of additional accommodation costs (Orion) and a dip in the income from contract research.