GTS Telecom posts EUR 19.2 mln turnover in Romania in 2013, slightly down from 2012

GTS Telecom, one of the main infrastructure-based providers of telecommunications services in Romania, recorded a turnover of EUR 19.2 million last year, slightly down from the EUR 20 million reported the year before. The company ended 2013 with an EBITDA profit (before interest, taxes, depreciation and amortization) of EUR 5.68 million, up 12 percent year-on-year. In 2013, GTS Telecom invested EUR 600,000 in expanding its data center in Bucharest and a cloud platform.The company expanded its data center space by 25 percent and installed a new dedicated cloud platform in Bucharest. GTS Telecom has approximately 130 employees and is based in Bucharest. In 2012, GTS Telecom posted revenues of EUR 20 million and an operational profit of EUR 5 million. Irina Popescu, irina.popescu@romania-insider.com