Net profit dropped, however, by 12.9%, to RON12.5 million, and net margin contracted from 2.6% to 2.1%.

Total debts went up by 12.3% to RON151.8 million. The average number of employees declined from 1,952 to 1,887.

The company’s turnover hit the highest level since 2008.

Nokia Networks Romania is the largest telecom R&D center locally.

(English version by Catalina Apostoiu)