Romanian Business Consult became the sole shareholder of the company ROPECO Bucharest, therefore consolidating its position as the leader IT integrator, with a major expertise in retail and on the industrial automatization market. Through this acquisition new opportunities will rise for RBC in the banking and electronic payments IT solutions market.
The two companies will continue to operate separately following the same mission and business values, keeping in place the employees and management structures, the diversity of the IT solutions and the types of services offered.
The company Romanian Business Consult was assisted in the transaction by KPMG and the law firm Filip & Company, while the company ROPECO Bucharest opted for EDGE Advisory and the law firm DLA Piper Dinu SCA. The value of the transaction is confidential.
Therefore, RBC and ROPECO become stronger together, having the same ownership and being aligned under the same developing, innovation and expending of the IT solutions portfolio goal. All these will be reflected in the perfectioning of the integration capabilities and the implementing of the complex IT solutions and the growth of the quality of the offered services to the clients of today and tomorrow.
Andrei Bojiţă, general director of Romanian Business Consult, said:
We are happy that, alongside the portfolio of solutions and dedicated services to the modern retail and our capabilities as IT integrator, we are adding the important experience in the area of retail payment processes and automatization of the banking operations, offered by ROPECO. Through this acquisition we are strengthening the group’s operational capacity and our teams of developing, integrating and implementing complex applications. Our goal for the next years is a group’s reach of 500 employees and attracting new talents, continuously supporting the professional growth of our RBC and ROPECO colleagues.
At the same time, we are united from now on by the same mission of protecting the environment that we are supporting through our expertise and both companies’ partnerships in the automatization of the recycling process. We are offering the retailers and the beverage producers in Romania one of the most performant integrated systems in handling the return of RVS recyclable packaging (Reverse Vending Systems).We continue to be interested in the group’s growth, through acquisitions in the strategic interest areas, according to the deal made with our partner in RBC, the investment fund Oresa Ventures.
On his turn, Cristian Christodorescu, CEO ROPECO, added:
We are delighted to be part of the RBC Group. We consider it represents the continuation of a success story, the best choice for the natural growth of the business, of the respect for our clients. RBC and ROPECO are two complementary companies from a business directions’ standpoint, with a strong entrepreneurial background and a mutual development desire. This complementarity of our actions generates synergies that will lead to new solutions and business opportunities that will reflect the clients’ needs and will create value through quality and accessibility, especially in the context of today’s IT industry development. We are happy to actively take part in the RBC family, we intend to create new business ways and to develop a new fantastic collaboration on this basis.
With a turnover of EUR 32.7 million in 2019, RBC succeeded in capitalizing on most of the opportunities in the market 2020, even the year was a complex and difficult one. In2020 the twocompanies had a cumulated turnover of EUR 50 million.
Following the acquisition, the RBC group puts at the disposal of its clients one of the largest networks in Romania, with regional centers in all the counties’ residencies, having employed over 200 service and support engineers, at a national level. Moreover, RBC has a team of over 50 specialists in software development and implementing of apps based on the latest technologies Microsoft, Linux, Google Cloud Platform, Big Data, Machine Learning.
RBC is one of the first companies in Romania that implemented a series of innovative solutions on the retail market, such as: Self-Checkout; reporting and real time alert apps based on technologies like Big Data, Artificial Intelligence and Machine Learning; loyalty programs and promotions for consumers (eLOY).
Moreover, the company rolled successfully the most complex process of implementing cash registers with electronic journal in conformity with the fiscal legislation in Romania.