Thus, Impetum Group directly and indirectly holds 5.1% of Bittnet shares.

Bittnet Systems, with a stock market capitalization of RON157 million, is 12% owned by Mihai Logofatu, President and CEO, and 11.13% held by Cristian Logofatu.

BNET shares have been trading down 20% since the beginning of 2021, amid deals worth RON58 million.

Impetum Investments is the investment division of Impetum Group, founded by Andrei Cionca. Impetum Group includes CITR, the leading insolvency practitioner in Romania, and the two investment platforms ROCA and ROCA X, respectively.