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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB

 

BVB listed cybersecurity specialist Safetech to boost capital ahead of foreign expansion

Romanian cybersecurity firm Safetech, listed at Bucharest Stock Exchange, plans to issue new shares than it has now to finance its expansion abroad, particularly on the key markets of the United Kingdom and the United States.

Based on the company's documents to be discussed and approved by the shareholders on July 19, Wall-Street.ro concluded that the company aims to raise RON 8 mln (EUR 1.6 mln).

With the attracted capital, Safetech intends to set up two subsidiaries - one in London, Great Britain and another in Reston, Virginia, US.

In both companies, at least 67% of the share capital will be held by Safetech Innovations. The remaining share capital will be held by a limited liability company registered in the United Kingdom of Great Britain and Northern Ireland, Astaria Sec Ltd.

Astaria Sec Ltd. is a UK based start-up owned by Anca Stancu, which will lead Safetech International's operations abroad.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB

 

BVB listed cybersecurity specialist Safetech to boost capital ahead of foreign expansion

Romanian cybersecurity firm Safetech, listed at Bucharest Stock Exchange, plans to issue new shares than it has now to finance its expansion abroad, particularly on the key markets of the United Kingdom and the United States.

Based on the company's documents to be discussed and approved by the shareholders on July 19, Wall-Street.ro concluded that the company aims to raise RON 8 mln (EUR 1.6 mln).

With the attracted capital, Safetech intends to set up two subsidiaries - one in London, Great Britain and another in Reston, Virginia, US.

In both companies, at least 67% of the share capital will be held by Safetech Innovations. The remaining share capital will be held by a limited liability company registered in the United Kingdom of Great Britain and Northern Ireland, Astaria Sec Ltd.

Astaria Sec Ltd. is a UK based start-up owned by Anca Stancu, which will lead Safetech International's operations abroad.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

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