The ITG Group ends 2024 with €20 million in revenue and a net profit of €1.1 million

adriana-arhire

The ITG Group, built around IT Genetics – the founding and main pillar of the group – ended 2024 with consolidated revenues of €20 million and a net profit of €1.1 million, marking a 36% increase in turnover compared to the previous year.

IT Genetics, the group’s core company, recorded a turnover of €19.3 million, up from €14.2 million in 2023 and €11.9 million in 2022. This reflects a 63% growth compared to 2022, as the group maintains its strong development pace and consolidates operations across its five markets: Romania, Hungary, Bulgaria, Spain, and Italy.

Growth driven by innovation, teamwork, and strong partnerships

“The 2024 results reflect the ongoing efforts of our team and our commitment to our clients. We’ve grown through innovation, adaptability, and a deep understanding of market needs. Our solutions have made a real impact, and that motivates us to continue investing in both technology and people,” said Adriana Arhire, CEO of the ITG Group.

In 2024, the ITG Group invested in expanding its team of regional consultants and strengthening customer relationships by tailoring services to local market specifics and offering customized solutions to improve operations in logistics, retail, and industry.

Services, software, and in-house brands – key growth drivers

The software division saw strong performance, with a doubling of the client base for Planograma, the company’s WMS (Warehouse Management System). Other software solutions—such as modules for fixed asset inventory management and electronic shelf labels for retail—also drew increased interest from companies accelerating their digital transformation.
The Group’s own brands significantly contributed to the growth:

  • Zinta, the Group’s professional label manufacturer, doubled its revenue
  • Metter, the product line dedicated to point-of-sale systems, expanded its portfolio and gained relevance among retail partners

International consolidation: +50% growth in external markets

Internationally, the ITG Group recorded an average growth of 50% across external markets, strengthening operations in Hungary, Bulgaria, Spain, and Italy. These results validate the Group’s international expansion strategy and the relevance of its solutions in the dynamic context of cross-border commerce.

In Romania, growth was driven by rapid digitalization in sectors such as:

  • Industrial manufacturing, where automation and collaborative robots improved efficiency and reduced errors
  • Retail, with the expansion of self-checkout, self-order, electronic shelf label, and scale & print systems
  • The ITG PRO network, which benefited from stronger partnerships, available stock, and extended support

Looking ahead to 2025: product launches and focus on sustainability

In 2025, the ITG Group plans to maintain its rapid growth and expand its European presence, with a focus on quality, innovation, and customization.

Strategic projects include:

  • Launching in Q3 the Toolbox platform – a circular economy solution for companies looking to optimize technology costs and consumption
  • Developing new software solutions for retail and HoReCa, planned for Q4

 

“We’re proud of our 2024 achievements and excited about the opportunities 2025 brings. We will continue to invest in people, technology, and the communities we operate in, strengthening the ITG Group’s position as a trusted partner for digital transformation across Europe,” added Adriana Arhire, CEO of the ITG Group.

About the ITG Group

Founded around IT Genetics, the ITG Group brings together several complementary entities in the tech sector, with operations in Romania, Hungary, Bulgaria, Spain, and Italy. The Group offers integrated digitalization and automation solutions for companies in retail, logistics, manufacturing, and other industries, with a portfolio including proprietary brands, internally developed software, and strategic partnerships with global leaders such as Zebra, Honeywell, Datalogic, Star Micronics, and more.

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