Page 27 - bne magazine February 2022_20220208

bne February 2022 Companies & Markets I 27
same period of last year, RBC business portal reported citing the data of InfoLine Analytics. As of the end of 3Q21 the share of top three players had expanded further to 36.5%.
The e-commerce market of goods sales is expected to reach RUB4 trillion ($55.1bn) in 2021 and more than double to RUB10.5 trillion by 2025, according to InfoLine.
As followed by bne IntelliNews, it was already suggested that the "big four" Russian e-commerce operators AliExpress Russia, Wildberries, Ozon and Beru are set to outgrow the market and face imminent market consolidation, while internet major Yandex is also emerging as highly competitive e-commerce contender.
Romanian software producer Arobs lists shares on Bucharest Exchange
bne IntelliNews
The shares of Romanian software developer Arobs Transilvania Software have been listed on the Bucharest Stock Exchange (BVB) and closed the first trading day, December 6, at a price of RON1.94 – 43% higher compared to the private placement.
Arobs Transilvania Software was founded in 1998 by its current CEO and main shareholder Voicu Oprean.
At the closing price of December 6, the company has
a capitalisation of RON884mn (€176mn) and is traded at a PER ratio (compared to the profit of RON40.4mn in 2020) of 22x.
The company sold a package of 54.7mn shares in a private placement held in October 2021, accounting ex-post deal for 12% of the company’s capital, for a total price of RON74.2mn.
The private placement and listing of Arobs shares were carried out with the support of BRK Financial Group.
Arobs specialises in providing customised software solutions, based on the latest technologies, and also has multiple software solutions that have a strong presence on the Romanian market and in Central and Southeast Europe.
The company is headquartered in Cluj-Napoca, with regional
In 2020 the three largest e-commerce marketplaces were Wildberries (RUB437bn), AliExpress Russia (RUB229bn) and Ozon Holdings (RUB197bn). In the meantime, InfoLine estimates that Ozon has already beaten AliExpress in 4Q20 in terms of turnover.
In comparison to Europe and Asia, Russia’s Internet retail is about five years behind the other countries, Sokolov said.
“Taking it and online volumes in other states into account – 32% of total retail in the UK, 27% in China, and 14% in the US, the Russian e-commerce market has one of the highest growth potentials,” the AKIT chief said.
operational offices in Bucharest, Iasi, Targu Mures, Baia Mare, Suceava and Arad, as well as seven branches abroad.
The company currently has over 950 employees and collaborators and provides services and software solutions to over 8,000 customers in 14 countries around the world.
In 2020, Arobs Transilvania Software registered, at an individual level, a turnover of RON154.5mn, an Ebitda of RON46.6mn and a net profit of RON40.4mn.
For the year 2021, the company estimates revenues at a consolidated level in the Arobs Group amounting to RON192.7mn and consolidated Ebitda of RON52.8mn.
“Arobs specialises in providing customised software solutions, based on the latest technologies, and also has multiple software solutions”
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