IT Genetics to Launch IPO in Q1 2026

-

IT Genetics Announces Plans to List on the Bucharest Stock Exchange

IT Genetics, a Romanian technology company specializing in digital automation and operational efficiency solutions for businesses, has announced its intention to list on the AeRO market of the Bucharest Stock Exchange (BVB) in Q1 2026. This move marks a significant milestone in the company’s growth trajectory and is expected to provide access to development capital, increased visibility, and external validation.

Upon admission to trading, the company’s shares will be listed under the ticker “ITG” on the AeRO market. In the medium to long term, IT Genetics plans to transition to the Main Market of the BVB, further solidifying its presence in the Romanian financial landscape.

Before the public listing, the company will conduct a private placement for new shares, offering up to 1 million newly issued shares to investors. The placement is expected to take place in the coming days and will be brokered by TradeVille. The intended admission to trading on BVB is planned for the first quarter of next year.

A Legacy of Growth and Innovation

“We have built IT Genetics over the last 18 years with a clear objective: to give companies access to technology that improves efficiency, reduces operating costs, and accelerates digital transformation,” said Liviu Sima and Stefan Axinte, co-founders of IT Genetics. “From a start-up founded in 2007, we have grown into an international group with operations in Romania, Hungary, Bulgaria, Spain, and Italy, nine complementary companies, and a turnover of RON 100 million in 2024.”

The founders each hold 50% of the company through their respective holding instruments. Their vision has driven the company to become a key player in the digitalization and automation space, serving more than 20,000 companies across Europe.

Diverse Business Operations and Expansions

IT Genetics operates through nine entities covering software development, hardware and consumables production, and fulfillment services. These include Zinta (labeling consumables), Planograma (WMS software), Waytr (HoReCa digital operations), and Mondo Logistics (e-fulfillment). Beyond its domestic operations, the company has subsidiaries in Hungary, Bulgaria, Spain, and Italy, with further market entries planned.

The group closed 2024 with consolidated revenues of approximately RON 100 million, reflecting a 36% increase compared to 2023. This growth was supported by expansion in all business lines, higher demand for digitalization and automation solutions, and the accelerated development of the software division. Net profit reached RON 5 million in 2024, up 83% year-on-year, highlighting improved operational efficiency and cost control.

Strategic Growth and Future Plans

To finance the next stage of growth, IT Genetics aims to raise RON 7.5 million through a private placement of newly issued shares. The raised capital will support international expansion, particularly in Italy, as well as the opening of new markets in France and Germany. Additional priorities include strengthening local operations by adding new regional teams, building a new Zinta production facility, advancing the Toolbox platform, scaling proprietary software products, and pursuing strategic acquisitions.

At the same time, IT Genetics is considering distributing at least 50% of its profit as dividends to provide investors with predictability and stability. Over the next two to three years, the company aims for at least 25% of revenues to be generated outside Romania, supported by expanded commercial teams, platform localization, and the development of solutions tailored to each market.

Conclusion

As IT Genetics prepares for its listing on the Bucharest Stock Exchange, it continues to solidify its position as a leader in digital automation and operational efficiency. With a strong foundation, a clear vision, and ambitious growth plans, the company is well-positioned to capitalize on the opportunities ahead. The upcoming listing represents not just a financial milestone, but also a testament to the company’s commitment to innovation and excellence in the technology sector.

Comments

Post a Comment

Popular posts from this blog

Japan Firms Leverage Satellites and AI to Locate Abandoned Homes for Sale

-
Image
The Rise of AI-Powered Real Estate Discovery in Japan In Tokyo, a growing number of Japanese companies are leveraging satellite imagery and artificial intelligence to identify abandoned houses that could be repurposed or sold. This innovative approach is becoming increasingly vital as the country faces a rising number of deserted properties due to its aging population. Where Inc., a startup, offers a service that uses AI trained on tens of thousands of images to detect signs of aging roofs, such as rust and discoloration. These findings are then overlaid on satellite maps, helping users spot properties that may have been left unattended. One of Where Inc.'s users, Kotaro Yasue, recently discovered a two-story wooden house through this service. He was able to contact the owner via a real estate registry. It turned out that the house had been neglected for over a decade, and the owner was unsure how to proceed with its disposal. Yasue, who runs a house rental service company in G...
Read more

GEN Nigeria and Others Target Indigenous Firms with New Tech Fees

-
Image
Empowering Nigerian Entrepreneurs with AI Global Entrepreneurship Network (GEN Nigeria), in collaboration with Fidelity Bank Plc and other organizations, has called on young entrepreneurs in Nigeria to embrace new technologies, particularly Artificial Intelligence (AI), in their business operations. This initiative was highlighted during the Youth Entrepreneurship Dialogue, titled “Building the Future with AI: Technology, Talent, and Transformation Entrepreneurship,” which took place at the 2025 Global Entrepreneurship Week (GEW) in Lagos. Dr. Olawale Anifowose, the Managing Director of GEN Nigeria, emphasized that AI has become essential for local enterprises in Nigeria to boost productivity, drive innovation, and enhance competitiveness. According to Anifowose, this can be achieved by automating tasks, personalizing customer experiences through data analysis, and enabling entrepreneurs to develop and scale new products and services more efficiently. Enhancing Efficiency and Produc...
Read more

I Was Healthy Until a Dirty Habit Stopped My Heart

-
Image
A Rare Case of Cannabis-Induced Cardiac Arrest in a Young, Healthy Woman A 26-year-old woman from Georgia experienced a life-threatening cardiac arrest after smoking marijuana. The incident occurred when her fiancé discovered her unconscious on the bathroom floor, prompting immediate emergency medical intervention. Upon arrival at the hospital, doctors confirmed that she had suffered a cardiac arrest, where the heart suddenly stopped beating. The woman had no known pre-existing health conditions and tested negative for heart-related issues such as arrhythmia. However, she was found to have high levels of tetrahydrocannabinol (THC), the psychoactive compound in cannabis responsible for the "high" sensation. Doctors diagnosed her with ventricular fibrillation, a severe heart rhythm disorder that prevents the heart from effectively pumping blood and oxygen throughout the body. This led to what they described as a "cannabis-induced cardiac arrest." This case has rais...
Read more