The urge for the company’s stock market listing was fueled by its partnership with Certinvest, whereby Certinvest Dinamic acquired 10% of Ascendia shares. Under the agreement signed by the two parties, Certinvest provided the logistics and strategic support for the company’s admission to the stock market listing.

“I think entrepreneurship is the force making the economy dynamic and efficient. Entrepreneurship creates the premises of innovation and initiates the change, the evolution. And this cannot exist without financing, which the stock market is able to provide,” said Eugen Voicu, founding shareholder of Certinvest.

For the eLearning corporate segment, the company targets an annual growth rate of 13%, at least until 2018.

SSIF Intercapital Invest is the licensed consultant which carried out the procedure for the admission of Ascendia shares for stock market trading.

Ascendia is one of the promoters of technology-based education, boasting a 9-year experience in the development of educational software and eLearning platforms on the Romanian market. The company’s main business lines consist in developing digital content for school and pre-school children, training platforms and content for companies, as well as research and development (R&D) projects in the field of education through digital instruments.