In early 2020, BRD had granted a loan of RON54 million to Aramis Invest for investments in extending and developing its production activities.
The Aramis Invest business, held by local entrepreneurs Vladimir Iacob and Marius Selescu, grew 7% on the year in 2019. Per ZF calculations, Aramis Invest’s turnover exceeded RON1,142 million (nearly EUR250 million) in 2019.
Aramis Invest was listed in top 50 largest exporters in the local economy, in 2018, for the first time, placing 49th, being the largest Romanian-held exporter. In the first nine months of 2019, Aramis Invest placed first among the largest exporters held by local entrepreneurs.
Aramis Invest’s furniture production is almost entirely exported.