“I believe in niche websites. I also believe in an online mall, eMag will undoubtedly be a mall, Amazon can be a mall, but I do not believe in several online malls. There are still unfilled niches in Romania,” Fusu told ZF Live.

The entrepreneur also sees an opportunity for Neogen group in the industry of mobile applications. “We are looking at anything that has to do with mobile applications, businesses that have reached maturity, wherefrom they start generating money. We are not angel investors, we do not want to invest EUR10,000, we want to invest from EUR100,000 up,” said Fusu.

Neogen has recently taken over 20% in Clever Tech, a company whose main asset is an application through which more than 5 million rides by taxi have been ordered in three years in eight cities of Romania.

Neogen is now also developing smartphone applications for Bestjobs recruitment website.

Neogen plans to launch, under CeeVee brand, both domestically and in the region, a recruitment platform focused on temporary jobs.

(English version by Catalina Apostoiu)