“The operation exceeds the value thresholds stipulated by law and will be subject to checkup by the antitrust watchdog. The antitrust watchdog undertakes to assess the economic concentration operation in terms of its compatibility with the normal competitive environment and to issue a decision under the legal deadlines”, according to representatives of the antitrust body.
The Benefit Online platform helps companies to transfer the choice of benefits directly to employees who can create themselves their own packages of benefits, of a range of thousands of options, both in the area of fiscal benefits (meal and cultural vouchers, private pensions, insurance/ medical care subscription packages, vacations, gifts or professional training courses), and in the area of corporate discounts (fitness and wellness subscriptions, fashion and beauty, shows and events, restaurants and coffeehouse, telecom, home appliances and technology etc.
Benefit Systems SRL, which operates the online benefits platform BenefitOnline.ro, reported a turnover of RON32.2 million (EUR6.9 million) and a net profit of RON1.7 million in 2018, ending the year with 19 employees, according to Finance Ministry data. The company’s profit margin was 5.2% in 2018.
Benefit Online currently has more than 100,000 active users, from over 250 client companies operating in various industries, such as the IT & software, manufacturing, financial services, call-center & shared services or services.
In Romania, Edenred issues meal cards and vouchers, gift vouchers, vacation cards and vouchers, cultural cards and vouchers, nursery vouchers, social vouchers, as well as prepaid cards for business expenses. In Romania, Edenred has more than 35,000 client companies, 1,5 million employees who use its benefits solutions and 65,000 partner merchants, which are served by a team of over 200 employees.