In early 2022, the company announced the opening of an office in Munich, Germany. The Norway office serves the entire northern region of Europe and via the new entity Oves Enterprise will manage its relation with partners of Sweden, Denmark and Finland.
“Northern Europe has been in our expansion strategy for some time, but the opening of the Oslo office has depended on the identification of the right opportunity or partner,” said Mihai Filip, Oves Enterprise CEO.
Plans for the future envisage expansion to two new countries in 2024: Belgium and the Netherlands, with the 2024 budget for international expansion revolving around EUR500,000.
Oves Enterprise ended 2022 with turnover worth above RON27.6 million, up 125% on the year. At present, more than 80% of the company’s turnover is generated by business abroad.
Oves Enterprise currently has more than 200 employees and offices in Romania, Germany, UAE, UK, US and Norway.
(English version by Catalina Apostoiu)