The net profit margin was 4% of the company’s turnover in 2019.
The company’s turnover stagnated at RON153.2 million (EUR32.3 million) in 2019. The average staff number grew by 18 people to 748 people. End-2019, the company had total debts of RON51.6 million, up 6% on the year.
Arsis Trading, which is fully owned by entrepreneur Radu Mirea, is one of the oldest actors of on the GSM retail market and started as a Connex (currently Vodafone) partner in 1998, with which it continues to work exclusively even today. Arsis gets revenue from Vodafone in the form of fees for the sale of services provided by the operator and from the sale of phones, tablets and accessories.