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This strategic decision marks a key step in the company's further development. The full consolidation of shares will enable RITS to achieve even smoother and more flexible management, optimize internal processes, and consistently execute the adopted long-term growth strategy.
"We are pleased to announce the finalization of this transaction, which is crucial for our future. We thank our partners from Euvic for years of fruitful cooperation and support during the dynamic development phase. Today, facing new challenges and opportunities, the decision for capital consolidation grants us full independence and the strength to realize our own vision. We are convinced that this internal consolidation will strengthen our market position and accelerate the pace of innovation," says Łukasz Kośnik, CEO of RITS.
"The redemption of Euvic's shares and the concentration of 90% of the assets in the hands of the managing duo is a breakthrough moment for the RITS Group. It allows us to make quick, strategic decisions and integrate all companies in the portfolio even more closely. We are now focused on utilizing our full potential, strengthening our client offering, and building lasting value for the entire group," adds Adam Cudny, Co-owner of RITS.
The transaction will not affect the company's current operating activities, management structure, or obligations towards clients and business partners.