This is the first transaction in this sector of activity.
“We are delighted to form a partnership with Agista and I have a firm belief that we together will continue to develop solutions and services dedicated to Romanian companies and consumers, enabling them to become more energy efficient. We are ready to support our customers in their transformation process, in the current context where sustainability and digitalization are in main focus. We aim to give our customers more resources and more time to put emphasis on developing their own businesses, therefore we see ourselves as a partner of our customers, joining efforts together and having common development goals,” stated Frank Hajdinjak, CEO of Eplus Smart Energy.
“Eplus Smart Energy is a Romanian company that has grown organically in the energy services market for domestic and business consumers and demonstrated a strong business in an increasingly competitive market. Agista decided to invest in Eplus Smart Energy because this company develops solutions for efficient and responsible management of energy consumption at the highest standards, a key economic target, particularly nowadays when the importance of environmental protection and sustainability is engaging the countries and companies around the world to promote a circular economy of energy. With this investment, Agista acts as an anchor investor validating the potential of sustainable energy and the projects that the company intends to develop towards reducing the carbon footprint in the Romanian energy industry”, stated Nicolae Kovacs, CEO of Agista.
In 2021, the Eplus Group had a turnover of about RON80 million, up 31% compared to 2020, due to the projects developed. Three other companies, Eplus Automation, Eplus Laboratory and Eplus Smart Energy are included in EPLUS Group. The group companies provide services for monitoring, processing and collection of field data; verification of gas and electric energy meters for compliance and quality, implementation of smart metering, metrological check of meters, metering group management and services for industrial process automation and digitalization.
Eplus Smart Energy provides energy management services ranging from electricity and gas meter reading to analysis and data optimization and the implementation of smart metering projects, also including industrial process automation, digitalization and energy efficiency solutions for all types of customers. This is the first transaction in this industry.
Agista helps local small and medium-sized enterprises (SMEs) to get listed on the stock market, financing and accelerating their increase through the capital market. Agista is the first Romanian investment fund pending authorization and dedicated to the AeRO market that accelerates local SMEs through capital market instruments. Agista is a brand of Impetum Group, the Romanian group formed by the reunion of the four brands: CITR, the leader of the Romanian insolvency market, with 20 years of experience in crisis management, ROCA Investments, a private equity aiming to consolidate and scale SMEs, ROCA X, a venture capital for disruptive start-ups on the tech market, and, as of today, Agista, an investment fund that scales local SMEs through the capital market. Impetum Group is a Romanian entrepreneurial ecosystem that brings together capital, management and resources.