Euroweb Romania invested EUR2 million in 2012 and has planned investments of EUR2 million for next year, said Evers. Moreover, Euroweb Romania’s majority shareholder Turk Telecom has approved additional investments of EUR6 million to EUR10 million in development projects for 2013, he added.
Euroweb Romania has a share capital of 3.21 million lei (EUR0.7 million).
In 2011, it registered sales of RON34.81 million, down 1.2% on the year, and switched to losses of RON5.1 million versus net profit of RON1.27 million in 2010. The company’s revenues increased 4% in the first nine months of 2012.
Euroweb Romania is one of the largest local providers of communications services for business clients and telecom operators. Its competitors are Romtelecom, GTS Telecom and Prime Telecom. (EUR1=RON4.536)