obtains EUR 500,000 financing

Newsroom 03/12/2010 | 13:32

The online recruitment platform will be obtaining financing of EUR 500,000 from a group of investors- business angels from Western Europe and the Post Privatization Foundation.

“With this financing, we will manage to finish next year what we targeted to complete by the end of 2012,” said Calin Stefanescu, CEO of

The platform which only posts work positions abroad was developed in Targu Mures and advertises 21,500 new positions monthly. It reunites 560 recruitment agencies in Romania, representing 98 percent of the companies in the field.

TJobs was launched officially in July last year, after 10 months of market research. The investment in the platform estimated at EUR 100,000 was doubled by the value of the personal resources thrown in by the founders. Before August 2010, the services were free of charge but now the model of business was changed and it relies on subcriptions offered to recruitment agencies and taxes for the promotion of the CVs.

Otilia Haraga


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