Elefant.ro gets EUR 2 million capital injection

Anca Alexe 18/12/2018 | 15:51

The social capital of Elefant Online SA, which owns and operates the online store elefant.ro, recently increased by EUR 2 million, according to a decision taken in the general shareholders’ meeting.

The capital increase was unanimously decided and confirms the shareholders’ trust in elefant.ro’s business model, as well as in the business plans the management team has for the following year.

“The capital injection will be 100 percent cash and the funds will enter the company’s funds by the end of this month,” said Sergiu Chirica, elefant.ro CEO.

Elefant.ro is one of the largest online retailers in Romania, offering a wide range of products to more than 1.5 million clients, through delivery or through its 25 collection points in Bucharest and across the country. Fonded in 2010, Elefant has expanded outside the country by opening a branch in Chisinau, Moldova, as well as the online store elefant.md.

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Anca Alexe | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue