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VARES

Telecom network design, installation and equipment supply for operators and cable TV networks in Slovakia

Banská Bystrica, SlovakiaFounded 1995vares.skWebsite technologies

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Highlights

  • New on EvolcAdded 2026-11-06

About VARES

VARES s.r.o., trading as VARES Telekom, designs, builds, services and installs products and equipment for telecommunications networks, including cable distribution networks. It also provides engineering and consulting for network construction, represents international manufacturers of telecom network components, and offers warranty and post-warranty service and calibration of measuring equipment.

The product range covers FTTH, alarm systems, satellite TV equipment (AntikSAT), group TV stations, SmartHome products and the operation of cable distribution systems. Customers include telecom operators and public telecommunications providers. The company also sells devices and accessories through an online shop. Past reference projects include work for Slovenské telekomunikácie and GiTy – Slovensko.

VARES was founded in 1995 and is registered in Banská Bystrica, where it is based. The company describes itself as a small company.

Product: Design, construction and service of telecom networks, FTTH, cable TV systems, alarm and SmartHome products, and satellite TV equipment.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€667k€629k€588k€651k€621k
Growth+6%+7%−10%+5%—
EBITDA€12k€1k€29k€109k€239k
Operating profit−€6k−€15k€8k€77k€192k
Net profit−€13k−€22k€5k€71k€170k
Net margin−1.9%−3.4%0.8%10.9%27.4%
Personnel costs€183k€174k€167k€201k€198k
Total assets€767k€757k€739k€768k€739k
Cash€51k€64k€94k€96k€23k
Liabilities€710k€694k€655k€689k€731k
Equity€57k€62k€84k€79k€8k

As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.

Jobs at VARES

No open positions listed right now.

Leadership

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Website technologies

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Website detection does not establish a paid subscription or company-wide use. Tools loaded after consent or sign-in may be missed. “No longer observed” does not prove the company stopped using a tool.