The revenue stood at RON6.7 billion, 47.4% higher than in 2019. Dante therefore overtook Orange, the leader of the local telecom market by revenue.
Total debt of Dante International stood at RON1.8 billion on December 31, 2020 and was 36% higher than in the previous year. The average number of employees rose by 610 to 3,088, according to the same source.
Dante International includes eMAG Romania, Fashion Days Romania and also handles sales for eMAG Bulgaria and eMAG Hungary. The revenue in Romania stood at RON5.42 billion and the Hungarian and Bulgarian operations saw significant growth, 87%, generating RON2.1 billion revenue, the company has previously said.
Dante International is 20% held by Iulian Stanciu and owner of the remaining 80% is South Africa’s Naspers.
(English version by Loredana Fratila-Cristescu)