The company’s main shareholder, with an ownership stake of 60%, is Radu Dimofte – one of Romania’s richest people, known for projects such as Baneasa Shopping City or Practic SA, the latter of which is one of the largest owners of street-level retail space in Bucharest. Packages of 10% of Arggo shares are equally held by Andrei – Codrin Carcu and Adrian Teodorescu.
Arggo Software’s turnover grew by 19% on the year to RON32.4 million in 2023 and its net profit stood at RON3.6 million, up 28% on the year. The company had an average number of 81 employees in 2023, compared to 67 in 2022.