Despite all restrictions imposed by authorities, China’s Huawei reported the biggest turnover, of RON1.6 billion. Sweden’s Ericsson, also present in Romania via the Timisoara equipment plant, reported declines for both companies. Ericsson also carried out the most extensive restructuring operations, with almost 900 people leaving the two companies.
Nokia Networks registered the smallest turnover drop and boosted its average number of employees.
Telecom equipment makers are facing a challenging environment globally as telecom operators, their main clients, are also struggling.
(English version by Catalina Apostoiu)