Romanian company IT Genetics expands its operations in Europe by opening its third international office, in Madrid, Spain.
Here, the company markets a wide range of hardware and software solutions required in the digitization process.
In addition, the local office offers a wide range of intelligent solutions that can be implemented in the operations of public institutions.
In Spain, IT Genetics operates through itgstore.es, an intuitive e-commerce platform with a user-friendly interface tailored to customer needs.
IT Genetics has invested more than EUR 300,000 in its Spanish representative office, with funds predominantly allocated to developing the e-commerce platform.
The company representatives expect to reach a turnover of 2,000,000 euros for Spain in the next three years.
IT Genetics expects to reach sales of €12,000,000 in 2022
In 2021, IT Genetics reached the EUR 10 mil turnover threshold, increasing 43% compared to the previous year.
These financial results were driven by expanding the product portfolio dedicated to industrial processes and the development of automation solutions using kobots.