Real Consulting closed the year with a significant increase in size, as according to BnB Daily, the company undertook other projects from the private and public sectors, expanding its clientele and its market share. At the same time, according to the same sources, actions are underway to transfer the company from the Alternative to the Main Market of the Athens Stock Exchange. The completion of the process is scheduled for the first quarter of the new year, but it is not excluded that it will be extended. 

THE MARKET

The IT company scans businesses to make acquisitions. It is not simply interested in increasing turnover but in organic growth accompanied by corresponding expansion in foreign markets and the acquisition of a portfolio complementary to its own. These are the criteria it is looking for in order to proceed with an acquisition. The same information indicates that target companies have already been found.

THE TWO DEALS

It is recalled that the company has already proceeded to conclude deals in Germany and Cyprus for Real Consulting GmbH and 60% of AMS (Advanced Management Solutions). Consequently, Europe is on its radar, as has been made clear by its moves so far. 

THE PROJECTS

This year it has undertaken the following projects, including for the following clients:

• subsidiaries of the Titan group in Egypt and Turkey
• Coral Retail & Core Innovations of the Motor Oil group in Egypt, Egypt and Turkey
• Motor Motor Motor Motor Corporation and Motor Motor Oil Corporation
• Eurobank Private Banking Luxembourg
• Athens Stock Exchange Group
• Heron
• Qualco & Mirum Hellas

SHARE SUPPORT

At the same time, the company is proceeding with a share buyback program to strengthen the share price, which in ENA is recording a significant increase. Just on Friday, it announced the purchase of 4,786 Treasury shares with an average price of €3.42 and now owns 1.559% of the company's total shares.