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Telecommunications, Industry Analysis, Romania, 2016

The Telecommunications industry in Romania was represented by 2,445 companies at the end of 2016, compared to 2,453 in the previous year and 2,330 in 2014.

The industry's net profit amounted to RON 226,724,551 in 2016.

The industry's total revenue was RON 20,083,286,958 in 2016, down by 9.26% compared to the previous year.

The combined costs of the companies in the Telecommunications industry reached RON 19,725,265,463 in 2016, down by 10.23% year-on-year.

The industry's total revenue makes up 2.16% to the country's Gross domestic product (GDP) in 2016, compared to 2.57% for 2015 and 1.75% in 2014.

A total of 34,740 people were employed in the Telecommunications industry in 2016, compared to 40,535 in 2015 and 32,929 in 2014.

Most of the companies in the industry are based in Bucharest, followed by Iasi and Cluj.

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