Peter Pal, executive vice-president and one of the owners of the Cluj-based EnergoBit, says the company has received offers from private investors for joint ventures and partnerships with shareholders. Some of these partnerships might materialize this year.
“There is a lot of interest from private investors in the development of partnerships with EnergoBit. This means these investors will form joint ventures or partnerships with the shareholders of EnergoBit and bring capital for our existing projects,” Peter Pal told ZF Transilvania without providing further details about the partnerships.
EnergoBit, whose revenue stood at EUR140 million last year, is owned by Peter Pal, Stefan Gadola and Ioan Socea, who are executive vice-presidents each. Over twenty-one years, the three entrepreneurs in Cluj have built EnergoBit into a group capable of competing with international heavyweights of the energy industry equipment market on equal footing.
EnergoBit signed a EUR10 million loan agreement with the European Bank for Reconstruction and Development (EBRD) for energy efficiency projects.
(English version by Loredana Fratila-Cristescu)