Enterprise Investors Fund prepares over 20 million euros investment in small companies
The strategy is to take over minority stakes, of around 20-25%, unlike the other vehicles of the company, aiming at majority stakes in mature firms, with dominant positions in the market.
Cristian Nacu, partner Enterprise Investors, head of the office in Romania of the Polish fund, said the decision to invest in small-sized companies was made following requests from local businesspeople and entrepreneurs.
He added that EVF I, worth a total of 100 million euros, addresses the entire region of Central and Eastern Europe, but the main countries investment will be made in are Poland and Romania.
The official of Enterprise Investors added that there are no constraints connected to a certain sum, which can be allocated for projects in Romania.
„If we find investment for all the 100 million euros, then we will invest. But realistically speaking, Romania represents 20% of the region, so the plan is to invest here a minimum of 20-25 million euros”, Bator also said.
According to the Business Standard daily, among the ten companies under advanced analysis, there would be local ones, but Rafal Bator did not say if there is any Romanian company among those the fund will invest in.
In the first five months this year, EI analysed over 100 projects in areas such as medical services, the Internet, IT, production, services and telecommunications.
Enterprise Investors Fund has invested so far in Romania some 100 million euros in companies like Orange, Siveco, Artima, Macon and Simcor.