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Wireless

Avenir Telecom Romania's turnover down 6% to RON 50 mln in 2018

Monday 24 June 2019 | 10:26 CET | News
Avenir Telecom's Romanian retailer Avenir Telecom Romania saw its turnover decrease 6.2 percent year-on-year to RON 50.4 million in 2018, writes local online publication Profit.ro. In 2018, the group's Romanian business switched to a loss of RON 1.73 million from a net profit of RON 1.56 million in 2017. However, the company's debt decreased by 11.9 percent to RON 33.1 million and receivables dropped by 17.4 percent to RON 15.97 million. Also, the available funds in the company's accounts dropped two thirds to RON 937,377.

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Categories: Mobile & Wireless
Companies: Avenir Telecom
Countries: Romania
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