The number of employees stood at 2,603, compared with 2,719 in the previous year.

After the Romanian state last year organized the tender for 5G technology necessary radio spectrum, telecom operators are likely to step up network investments, which could also be reflected in Ericsson’s local turnover.

The services center the company opened in Bucharest in 2007 also represents an important part of Ericsson local business. In mid-2002 it had reached over 2,000 employees.

Ericsson also owns an antenna plant in Romania, in Timispara. The company reported RON566 million turnover, down 9%, and net profit of RON14.9 million, down 28%. The average number of employees climbed to 1,211 from 1,169 in 2021.

(English version by Catalina Apostoiu)