Net profit halved to RON6.9 million, which accounts for a 3% margin. The wholesaler, whose brands include HMD Global (Nokia), Huawei, ZTE and HTC, had 24 employees on average last year. Its debts stood at RON23.2 million on December 31, 2019, 50% lower than at the end of the previous year. World Comm Trading Gfz’s owners are Ioan Felician Vladau and Nicoleta Nicolaev.
World Comm Trading posted RON292.3 million revenue and RON14.7 million net profit in 2018.
The leading cellphone wholesaler in Romania is Gersim Impex, held by entrepreneur Dan Stefanescu.
(English version by Loredana Fratila-Cristescu)