Visual Fan is working with broker Tradeville to handle the private placement intended to raise cash for development of new products and lines of business, sources told ZF. Visual Fan is an entrepreneurial company established in Brasov in 2002 and majority owned by Lucian Peticila (92%), who also serves as chief executive, Trade Register data show.
The latest Finance Ministry data show the company posted RON86.5 million revenue in 2019, up from the RON76 million the previous year. Net profit rose from RON1.66 million to RON1.85 million.
(English version by Loredana Fratila-Cristescu)