Euroweb Romania, a local telecom operator that serves the B2B segment, plans to increase its revenues by over 5% this year and to add 10% more clients to its portfolio.

Last year, Euroweb also increased its business by 5% to EUR 9.2 million whereas the number of clients went up by 10% to over 1,100.

In three years, the company plans to make 15% of its total revenues from IT&C services dedicated to the business sector in areas such as cloud, data center and security.

According to Euroweb representatives, the growth rate in the telecom market has slowed down to 2% per year while the IT&C services sector increases by 10-15% each year.

The operator, which operates 2,000 km of fiber optics network, plans to invest up to 12% of its revenues (EUR 1 million) in expanding the network this year.

Euroweb Romania is controlled by Turk Telekom.

editor@romania-insider.com

(photo source: Euroweb Romania on Facebook)