The total value of the deal amounts to EUR6.7 million.
“We are building, step by step, our position of e-commerce leader in CEE. The acquisition of Hosterion is another stage in the implementation of this strategy,” stated Adrian Chiruta, Cyber_Folks Romania co-CEO and shareholder.
Hosterion was founded in 2004 and serves over 13,000 clients, having international operations in London, Chicago and Amsterdam. The company registers annual revenues of EUR2.1 million.
In the past three years, Cyber_Folks Romania has posted a steady turnover increase. However, the growth rate dropped from 144% in 2022 to 9% in 2023 and was close to stagnation in 2024 (3%).
For 2025, the company expects an over 15% increase, supported by infrastructure investments and strategic acquisitions.
Cyber-Folks Romania is part of the international group of the same name, present in over six European markets, clients in more than 100 countries and 1,000 employees.
In Romania, the company has offices in Cluj-Napoca, Bucharest and Bistrita.
(English version by Catalina Apostoiu)