Romanian investment and management platform for troubled companies ROCA Investments said its shareholders operated a RON 30.4 million (EUR 6.3 mln) capital increase.
This was the first step of ROCA’s plan to double its capital to some RON 122 mln (EUR 25 mln) by the end of this year to make new investments.
The second stage of the increase is set to begin in September, targeting new investors.
The new resources will be used exclusively to invest in new companies.
The objective of ROCA Investments is to take Romanian companies to the next level while supporting them to overcome this difficult period for the Romanian economy, caused by the pandemic.
The fund aims to double its portfolio of companies by the end of the year, investing in areas of activity considered strategic, such as agri-food and related services, logistics, B2B services, and recycling production in strategic areas.
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