IT Genetics, a Romanian tech firm focused on digital automation and improving business efficiency, has revealed its plan to go public on the AeRO market of the Bucharest Stock Exchange in the first quarter of 2026.
Once admitted to trading, the company’s shares are anticipated to be listed on the AeRO market with the symbol “ITG”. In the medium to long term, the company plans to move to the Main Market of the Bucharest Stock Exchange.
Prior to the listing, IT Genetics will conduct a private offering of new shares, providing up to 1 million newly created shares to investors. The placement is anticipated to occur in the near future and will be facilitated by TradeVille, with the goal of starting trading on BVB in the first quarter of next year.
“For the past 18 years, we have developed IT Genetics with a specific goal in mind: to provide businesses with technology that enhances efficiency, lowers operational expenses, and speeds up digital transformation. Starting as a small company in 2007, we have expanded into an international group operating in Romania, Hungary, Bulgaria, Spain, and Italy, consisting of nine affiliated companies and achieving a revenue of RON 100 million in 2024,” said Liviu Sima and Stefan Axinte, co-founders of IT Genetics.
Listing will provide the company with access to development capital, increased exposure, and external recognition, as stated by the founders, who each own 50% of the company via their individual holding structures.
IT Genetics offers comprehensive digitalization and automation services for sectors including logistics, retail, manufacturing, e-commerce, and hospitality. Over 20,000 businesses throughout Europe use IT Genetics’ technologies to enhance and expand their operations.
Currently, the company Genetics comprises nine entities engaged in software development, hardware and consumables manufacturing, and fulfillment services, such as Zinta (labeling supplies), Planograma (WMS software), Waytr (digital operations for HoReCa), and Mondo Logistics (e-fulfillment).
In addition to its local activities, the company operates subsidiaries in Hungary, Bulgaria, Spain, and Italy, with more market expansions on the horizon.
The group ended 2024 with combined revenues of roughly RON 100 million, marking a 36% rise from 2023, driven by growth in all business areas, increased need for digitalization and automation services, and faster progress in the software department. Net profit amounted to RON 5 million in 2024, an 83% increase compared to the previous year, indicating improved operational efficiency, strict cost management, and better profitability in both hardware and software divisions.
To fund the next phase of development, the company plans to secure RON 7.5 million via a private offering of fresh shares. The funds will aid in expanding internationally by increasing the company’s presence in Italy and entering new markets in France and Germany. Additionally, it will help enhance local operations through the addition of new regional teams, constructing a new Zinta manufacturing plant, developing the Toolbox platform, scaling the company’s own software solutions, and exploring strategic acquisitions.
At the same time, IT Genetics is evaluating the distribution of at least 50% of its profits as dividends to offer investors consistency and security. For the next two to three years, IT Genetics plans to achieve at least 25% of its revenue from outside Romania, backed by larger sales teams, platform adaptation, and the creation of products customized for each region.
(Photo source: press release)
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