PRODENSA’s Post

🔎 Bercman Technologies' unaudited consolidated sales revenue for the second half-year of 2023 was EUR 800 108. 🌍 In addition to servicing Estonian customers, #development services were exported to Sweden, Finland, Singapore, the United States, Germany, and the United Kingdom, with development services being sold to the German market for the first time. 📈 The focus in development #services was on the #defence sector, and two new defence clients were added to the client portfolio. The share of #medical #technology and energy in the service portfolio is also on an upward trend. 🇬🇧 Full report available here: https://lnkd.in/dVk9tKKM 🇪🇪 In Estonian: https://lnkd.in/d2-wWTmT

Gómez-Acebo & Pombo has advised Revenga, a company in charge of developing technological solutions in the smart mobility sector, in its incorporation process to BME Growth. The GA_P team that has advised on the process has been led by Jacobo Palanca Reh and integrated by Emiliano Moreno Rodríguez and Irene Carreño Uría. Read the full article >> https://lnkd.in/dBPS-vaV #IberianLawyer #incorporation #integration #legaladvisors #lawyers

Congratulations to CeFEO members Lucia Naldi and Mohamed Genedy who, together with their co-author Andrea Kuiken (first author), recently published the article "Keeping One’s Options Open: Intermittent Exporting, Family Control, and Foreign Background" in Entrepreneurship Theory and Practice (ABS 4). Intermittent exporting (repeatedly exiting and reentering foreign markets) is often associated with the initial stages of internationalization. However, some small and medium-sized enterprises (SMEs), including family firms, pursue an intermittent exporting strategy beyond the initial stages. Drawing on a refinement of the behavioral agency model (BAM) and real options reasoning, we theorize that a high level of family involvement in SMEs is positively associated with intermittent exporting. We also argue that this relationship is moderated by Chief Executive Officers (CEOs) and board members with a foreign background. We test our hypotheses using a unique longitudinal dataset of Swedish SMEs in the manufacturing and retail industries. You can access the article here: https://lnkd.in/dVEbE-5c

🎤 This week our Principal Rustam K. participated in a panel at the Baltic M&A and Private Equity Forum 2024 organised by Verslo žinios and Sorainen in Vilnius, Lithuania. The panel discussed the current economic environment that is reshaping the private equity landscape in the Baltics, and how PE firms can pursue value creation initiatives to support portfolio companies across Central Europe. Rustam also shared how MidEuropa leverages its operational capabilities to turn local businesses into pan-regional champions. #privateequity #baltics #centraleurope

Yesterday, 22 December, the months-long 'battle' to acquire the Czech courier company Packeta Group came to an end.  A number of investors Österreichische Post AG, Romanian eMAG, Czech funds PPF Group International Distributions Services PLC and South African group Naspers Limited were interested in acquiring.  As a result, the CVC Capital Partners- Emma Capital consortium has agreed to purchase 100% of Packeta, a leading e-commerce logistics and out-of-home delivery player in the Czech Republic and Slovakia.   Under the deal, CVC will hold 65%, the consortium said. A minority equity investment by the Czech investment group R2G is anticipated within CVC's stake, it said. Marek Rozycki, you have been watching this process with great interest, due to the fact that the Zásilkovna s.r.o. network represents a fairly fast-growing #OOH network. How do you assess this choice and what implications will it have for the 'CEP balance of power' in the CEE region?  I also invite other experts, investors, my dear readers and fellow Last Mile Experts to comment. More information can be found in the article linked in the first comment. I would like to take this opportunity to wish everyone a peaceful Christmas 🎄🎁✨ and a successful new year 2024 🎉 #lastmile #CEP #parcellocker #APM #PUDO #

In the Spring 2024 edition of Eurofenix - The influence of the Preventive Restructuring Directive in Portugal. 20 years after the enactment of the Portuguese Insolvency Act, Catarina Serra takes a look at one of the greatest novelties that was introduced back then: the discharge of debts. To read more on this article and to the other contributions to this quarter's edition, just follow the link: ➡️ bit.ly/Eurofenix_Latest Kindly sponsored by Prof. Dr. Klaus Pannen 💠 https://lnkd.in/dJbE8KAY #INSOLEurope #insolvencyprofessional #insolvencynews #eurofenix

India, Spain, and now the Czech Republic — this is Savera's debut and growth story with CTP in the Ostrava region as a growing manfacturer. 🌍🔩 Ramiro José Aranda Sánchez, Savera Czech General Manager, will tell you why they chose the Ostrava region and why they chose CTP to help unlock the region's potential for their business. 💬 "We were moving to an unknown country... We didn't know about the people, the regulations, how to get permits, everything. It was mandatory for us to find a partner with expereince with a great team, someone in which you could rely." Not only was their debute to CEE with us smooth, it was very successful and they soon needed more space to keep up with demand. 🚀 Explore more client case studies: ctp.eu/client-cases/ Brano Vojtěch Peřka and CTP Czech for yet another marvelous partnership! #GrowWithCTP #IndustrialRealEstate #NotJustWarehouses #ByCTP

🔊 Our Sappi Europe CEO, Marco Eikelenboom, discussed the significant highlights of our Q1 2024 Financial Results and offered his insights into our path forward. See our results here 📊 #sappi

We are proud to share today's article from Ziarul Financiar by Cristina Rosca, which reflects the key statements from ROPEA's conference "Private Equity for Driving Growth". The article highlights some of the main messages delivered during the event, underscoring the impact of the private equity sector in Romania and the need to further enhance it by close collaboration between all the stakeholders to drive further economic growth and job creation. Read the full article here: http://bit.ly/3Vwqs7v #ROPEAConference #PrivateEquity

💪🏻 Secure collaboration with the Strongest in Finland 💪🏻 Foxa has made Asiakastieto’s Suomen vahvimmat Platina (Strongest in Finland) list for the third time in a row. Only three per cent of Finnish companies make it onto the Platinum list. Asiakastieto has also awarded us an AAA rating, which is the highest credit rating. 🎯 “These certificates indicate that we’re doing everything right here at Foxa. They let our customers know that collaboration with us is safe and secure,” says Foxa’s financial manager Lauri Sipilä. “Minimising risk is part of sustainable business, and that’s why we also check our customers’ credit rating before sales.” It’s easy to check a collaboration partner’s solvency for domestic trade. For international trade, the rules are different; money often moves before goods do. “Advance payment is also common in Finland if you’re dealing with large projects and orders.” Lauri emphasises that precision is important at every stage of a project, and paying invoices on time is no exception. “For us it’s crucial to keep our finances in good order. There are long delivery times from the manufacturer to us, and it therefore takes a long time before we’re able to invoice our customer. As a result, everyone benefits when our finances are in order.”  🧡🦊 #foxa #economy #collaboration #reliable #creditrating #textile #textileindustry