IT Genetics S.A., a Romanian software and automation specialist, has completed its listing on the AeRO market of the Bucharest Stock Exchange under the ticker ITG, marking a significant milestone for the enterprise software sector in Eastern Europe. The company raised 5.2 million lei (approximately €1.3 million) through a private placement conducted at the end of the previous year to fuel its expansion strategy.
Founded in 2007, IT Genetics has established itself as a regional provider of digital automation and operational efficiency solutions serving the supply chain, retail, logistics, manufacturing, e-commerce, and hospitality sectors. The company currently operates across Romania, Hungary, Bulgaria, Spain, and Italy, with a customer base exceeding 20,000 companies.
Capital Markets Entry Signals Growth Ambitions
The listing represents a turning point for the Bucharest-based firm, which is leveraging its newfound public market status to accelerate regional and international growth. Co-founders Liviu Sima and Ștefan Axinte emphasized the significance of this transition in a joint statement: “Listing on the Bucharest Stock Exchange represents an important moment in IT Genetics’ evolution and marks the beginning of a new stage for the Group. In recent years, we have built a regional technology ecosystem, with international operations and solutions developed for essential industries such as retail, logistics, production and e-commerce. Entry into the capital market provides us with the necessary tools to accelerate the Group’s development, while maintaining operational discipline, transparency and long-term value creation for shareholders.”
Strategic Use of Proceeds
The raised capital will support multiple growth initiatives across the company’s operational portfolio. IT Genetics plans to direct funds toward developing its international operations, expanding its industrial automation and robotics segment, and accelerating investments in product development and infrastructure. Additionally, the company intends to strengthen its territorial presence through local team expansion, increase production capacity for its Zinta brand, and launch an eCommerce platform in France and Germany to capture Western European markets.
The company’s multi-pronged expansion strategy reflects confidence in demand for automation solutions across fragmented European supply chains. By simultaneously investing in product development, international distribution channels, and manufacturing capacity, IT Genetics is positioning itself to capture market share from larger but less regionally-focused competitors.
Broader Regional Significance
IT Genetics’ public market debut underscores growing investor appetite for established technology service providers in Central and Eastern Europe. While venture-backed startups frequently dominate funding headlines, profitable software and automation firms like IT Genetics represent a substantial segment of the regional economy. The company’s ability to raise capital through the Bucharest Stock Exchange—rather than pursuing international venture funding—reflects maturation within local capital markets and suggests other growth-stage Romanian technology companies may follow similar paths to liquidity and expansion capital.