Investment platform ROCA triples social capital and gains new investors

Newsroom 17/09/2018 | 10:50

ROCA, the first investment and management platform dedicated to Romanian companies in difficulty, launched half a year ago, has managed to triple its social capital to EUR 13.5 million.

By completing this capital raising process, ROCA will focus its efforts in the next period on the restructuring of 10-15 companies with potential for recovery and growth.

“Although a large part of Romanian companies face difficulties, our traditional business culture is inconceivable with them. To become healthy and sustainable businesses, Romanian brands need financing, management and commercial support. For a company, entry into the platform portfolio means specialized management, access to finance, but also membership in this business community, with trusted partners, investors and experts who bring their experience, making it possible by collective effort, development Romanian brands,” says Rudolf Vizental, ROCA CEO.

New investors

Among the recently listed investors as shareholders are Banca Transilvania, through its Asset Management division.

Dan Sucu also decided to double his initial stake.

Other investors in the entity include CITR Group, CIT Resources, Dragos and Adrian Paval, owners of Dedeman through PIF Industrial, Dan Sucu, the owner of Mobexpert and Cristian Burci of Astra Rail Management GMBH.

Sport shoe manufacturer S-Karp Brasov, Frigotehnica and Tremot apiculture processor and exporter also entered ROCA’s portfolio.