Operating expenses decreased by 19% to RON930 million in the first quarter of 2023 and EBITDA increased by 103% to RON178 million, according to the quarterly financial report to the Bucharest Stock Exchange.

The segment of activities with permitted profit registered a 16% increase in revenue (RON499 million in the first quarter of 2023 compared with RON431 million in the first quarter of 2022) mainly from interconnection revenue, as well as transportation service revenue, the report reads.

(English version by Loredana Fratila-Cristescu)