The company is undergoing a transformation process, also including product portfolio refreshment, so that foreign expansion can continue and accessing durable funding sources may be easier.

In 2023, the company’s exports were worth RON375,000 and are expected to reach RON1.5 million this year.

“In 2024, we continue to implement the strategy drawn up in the second half of 2022 for multiannual development in the 2023-2027 period, involving a significant activity expansion, like in previous years, and strengthening the company’s position nationwide, as well as paving the way toward a regional leaer position,” stated Bogdan Pirvu, Evolor CEO.

Evolor ended 2023 with RON96.2 million turnover, up 25% from 2022, and for 2024 expects getting close to RON110 million. In terms of profit, the company slid from RON7 million in 2022 to a little over RON500,000 in 2023, amid operated investments.

The number of employees reached 132 and is set to rise to 153 during 2024.

(English version by Catalina Apostoiu)