The ten also posted RON23.8 million net loss compared with a RON1.2 million profit in 2014, as the losses of the market leader Germanos Telecom doubled. Leaving Germanos out, the remaining nine retailers posted RON16 million net profit.
Average number of employees at the ten retailers stood at 2,200 in 2015, with Germanos and Arsis Trading as the biggest employers.
IQBox, partner of Telekom Romania group and held by Greek Michail Kontos and several Cyprus-based companies, posted the highest net profit last year, RON5.3 million. IQBox also saw the highest sales growth, according to the Finance Ministry data.
The top ten retailer with the second highest growth in sales, 28%, was Iasi-based Ioni Com Impex, of entrepreneurs Marius Dan and Adrian Manuel Ionita. (EUR1=RON4.4679)
(English version by Loredana Fratila-Cristescu)