EBITDA rose 80.1% to RON12.4 million (EUR2.5 million), the company said on Thursday.
“The year 2021 was one with many accomplishments, we entered new foreign markets with our Tellur brand, expanded our product range, saw sales records for certain product categories and developed the business as we set out to,” says George Barbu, chief executive officer of ABN Systems International.
Early this year ABN Systems International concluded the first initial public offering on the AeRO market of the Bucharest Stock Exchange ever, raising RON5.48 million (EUR1.10 milion), which it plans to use to strengthen its position on the foreign markets where it is already recording sales and to tap into new markets.
With a portfolio of more than 30,000 IT&C products and accessories, ABN Systems is already present in 30 countries on four continents and plans to expand international sales channels fast.
(English version by Loredana Fratila-Cristescu)