The company switched to losses last year, with a negative result of around RON1.5 million (EUR303,000), from net profit of RON179,496 (EUR36,500) in 2021. It reached an average number of 1,245 employees, 105 more than in 2021.

Italy’s Prysmian has four cable plants in Slatina, as well as a research and development center.

From Slatina production, 50% goes abroad.

(English version by Catalina Apostoiu)