The growth was higher than the expected 20%, the management team has previously said.

In 2015, ETA2U posted RON152 million revenue, which means its revenue doubled in four years. ETA2U includes several divisions which supply hardware for retail, printing equipment, solutions and equipment for IT infrastructure, research and development, IoT solutions and provide specialized training and posted RON6 milion net profit in 2019, 4% higher than in 2018.

The Timisoara company had RON108.4 million debt at the end of last year, 28% higher than at the end of 2018. The number of employees stood at 260, 18 more than in 2018.

(English version by Loredana Fratila-Cristescu)