Marian, managing director for Oresa in Romania, added the two transactions are in advanced stages of negotiation, without providing details on the companies targeted.
Over the past two years, Oresa focused on its existing portfolio, which includes two construction materials makers (Somaco Grup Prefabricate and Fabryo) and credit broker Kiwi Finance, according to Marian.
“The expectations of company owners are still high, considering the growth potential we’re seeing for the next 3-5 years. Those who survived the recession and are not forced to sell, won’t sell,” the Oresa representative said.
Romania is a strategic market for Oresa, given its growth potential and the company’s position in the market. As such, Oresa isn’t planning to exit any of the companies in its portfolio within the next three years, Marian added.
Oresa Ventures is a company focused on private investments that has been activating in the Central and Eastern Europe since 1995.