The former Romtelecom, now known as Orange Romania Communications, posted RON2.625 billion (EUR533.5 million) net revenue, a decline of 11%, and RON361.1 million net loss compared with a RON148.9 million net profit in 2020.
Average number of employees shrank by more than 300 to 3,090 in 2021.
Total debt stood at RON1 billion at the end of 2021, 34% lower than at the end of 2020.
(English version by Loredana Fratila-Cristescu)