Gordana Kovačević, the President of Ericsson Nikola Tesla, commented: “The extraordinary circumstances, caused by the COVID-19 pandemic that marked the end of Q1 2020, continue. Although during May and June many countries started relaxations of strict measures of movement and distancing, the movement of people and goods is still limited and impacts the global business environment. Since Ericsson Nikola Tesla Group operates globally, these disruptions negatively impact certain part of our business activities. Some customers and partners slowed down or postponed the implementation of contracted projects and reduced their investments. We have also noticed a trend of an increasing number of requests to postpone collection of receivables and new payment models. Our priority is to secure the health and safety of our employees, customers, partners and suppliers, as well as the continuation of stable business performance. Therefore, most of our employees continue to provide services/support to our customers by working remotely, while some of them work from offices. In addition, due to restrictions in travelling our employees cannot carry out some of the activities.“
