Orange Group has reported losses of RON 863.9 million for the Romanian market, the first time in the last two decades. This loss was generated by the absorption of Telekom Romania Communications, a process finalized in 2022. After the merger, the number of employees increased by 70% to 4,059 and the company's debts increased by more than 50%, totaling RON 10.9 billion. Turnover increased to RON6.55 billion in 2024.
Sources
Latest News
17:39
Putin wants to transfer some Russian factories to Africa, amid Western sanctions affecting Russia's economy
17:30
Finnish police have opened a criminal investigation into alleged environmental damage at the construction site of a Google data center
17:30
Some Romanians believed that Călin Georgescu’s son had won the Ballon d’Or. A satirical post sparked a wave of congratulations on TikTok
17:21
The European Commission wants to postpone the bans on social media for minors by at least one year
17:09
Hungary will maintain the nuclear agreement with the US, signed during the Orban government
See more news