Radiocom’s new General Manager, Gabriel Grecu, plans to focus on the launch of commercial services with added value and the expansion of its client portfolio to bring the company back to profit. The company plans to improve the efficiency of its cost structure, by cutting protocol budgets, restricting fuel cards, and laying off 40-100 employees of a total of 2,000.
“March is the most difficult month for the company, because we have to pay installments and interest on existing loans in the amount of $7 million. We are greatly dependent on the state budget. We want to go back to a rise in the share of electronic communications in company revenues,” Grecu said.
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