The company’s turnover grew 2% on the year to RON2.1 billion at end-2020 and its total liabilities dropped 11% on the year to RON854 million at end-2020.
In 2020, the company cut its average staff numbers, by 363 people, the same data show.
Companies
Telekom Romania Mobile Communications’ Net Loss More Than Doubles In 2020 To RON647M
Telekom Romania Mobile Communications, the former mobile telephony operator Cosmote, reported net loss of RON647 million in 2020, up 139% from RON271 million in 2019, per finance ministry data.