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General

Euroweb Romania's turnover down 23% in 2019 to RON 34 mln

Wednesday 24 June 2020 | 09:13 CET | News
Euroweb Romania saw its turnover  in 2019 reach RON 34.2 million, decreasing by 23.2 percent year-on-year, according to local publication Profit.ro. The company's loss halved to RON 660,000. In 2018, the company claimed, in a dispute with the former financial director of Euroweb Romania, that it faced excessive losses between 2015 and 2017 due to extremely difficult competition conditions on the local telecommunications market. Receivables decreased by 7.5 percent to RON 14.4 million and total debts decreased to RON 34.1 million from RON 34.4 million in 2018.

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Categories: General
Companies: Euroweb
Countries: Romania
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