The value reached after the first four years of activity represents more than 2.75 times the amount invested, which shows the potential that investments can have in Romanian businesses and in the capital market, a company release said.
“The increase of almost 20%, confirmed by the most recent valuation, carried out this year, follows a 2021 in which ROCA Investments had its first exit (the sale of Frigotehnica), launched a new business organization in the form of specialized holding companies and took over the majority stakes in two of the group’s most important companies, RDF and Bico Industries.”
The valuation was influenced by several factors, such as inflation, war, raw material prices, the supply chain crisis, pandemic, the company said.
Estimates for 2022 on the valuation of ROCA Investments are as high as RON400 million.
ROCA Investments is the financial investment vehicle of the Impetum group, whose shareholders include entrepreneurs such as the Paval brothers from Dedeman, Dan Sucu from Mobexpert and Theodora Popa from Transavia.
(English version by Loredana Fratila-Cristescu)