A fibre-optic installer based in the city of Cluj-Napoca was last year’s star performer in the group of companies owned by RCS&RDS, the leading provider of pay-TV services in Romania.
According to data produced by the Ministry of Finance and published by ZF, CFO Integrator had a turnover of RON8.38 million (€1.85 million), or 110% more than in 2014, while its profit amounted to RON2.4 million.
The stats also show that RCS&RDS, whose main business is cable TV, had a turnover of RON2,698.21 million in 2015, down 17% on the previous year, along with a loss of RON17.9 million.
Its debts stood at RON4,422.01 million, up 2% on the previous year.
In total, RCS&RDS’s business was worth €615 million.