Therefore, although Telekom's turnover was lowe

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Galati, Galati County 9.4 billion lei (2.1 billion euros) 14. LUKOIL ROMANIA SRL Str. SIRIULUI 20, Sector 1, Bucharest 7.9 billion lei (1.8 billion euros) 15. MOL ROMANIA PETROLEUM PRODUCTS SRL B-dul 21 DECEMBRIE 1989 77, Cluj-Napoca, Cluj County 7.9 billion lei (1.8 billion euros) 16. ENGIE ROMANIA SA B-dul MARASESTI 4-6, Sector 4, Bucharest 7.8 billion lei (1.8 billion euros) 17. MEGA IMAGE SRL B-dul Timisoara 26, Sector 6, Bucharest 7.5 billion lei (1.7 billion euros) 18. DANTE INTERNATIONAL SA (Emag) Sos. VIRTUTII 148, Sector 6, Bucharest 7.3 billion lei (1.7 billion euros) 19. METRO CASH & CARRY ROMANIA SRL B-dul THEODOR PALLADY 51 N, Sector 3, Bucharest 7.3 billion lei (1.7 billion euros) 20.



STAR ASSEMBLY SRL Str. AUGUSTIN BENA 106, Sebes, Alba British Student Phone Number List County 7.1 billion lei (1.6 billion euros) In the top 100 companies there are 11 state-owned companies, mostly from energy, 8 entrepreneurial businesses and 81 multinational companies. The Top 100 generate a quarter of the total turnover in the economy with only 7% of employees. Example of turnover calculation Let's take as an example two companies with similar fields of activity but with different turnover figures in 2021.





Telekom Romania with a CA of 1,856,587,953 RON Vodafone Romania with a CA of 4,587,469,121 RON On the other hand, the 2021 profit of Telekom Romania was 179,434,211 RON , while Vodafone's profit was negative, of -410,916,538 RON . Therefore, although Telekom's turnover was lower, its profitability is higher compared to Vodafone's. What is EBITDA? EBITDA is the English abbreviation of the phrase "Earnings Before Interest, Taxes, Depreciation and Amortization". Therefore, an EDITDA definition would say that it is that indicator that shows companies what profit they have after paying the expenses of raw materials, materials, utilities, salaries with all related contributions and taxes, rents and any other expense specific to the activity carried out.