The decision is part of the strategic business development plan in Eastern Europe.
Digital trust solutions are ideal for companies facing the COVID-19 emergency, and that want to maintain their competitiveness also in view of economic recovery.
Rome, June 4, 2020 – InfoCert (Tinexta Group), the largest Certification Authority at the European level, announces that it has launched a commercial presence in Romania for the development of the local market, which is considered to have high potential for digitization. The decision is part of InfoCert’s strategic international expansion plan and, in particular, in the Eastern European area where the company is already active in countries such as Slovenia, Croatia, Poland and Hungary.
Romania’s digital market is one of the most dynamic and fastest growing in the Eastern European area, relying on one of the most developed and innovative banking sectors in the area and with a historic presence of the main European banking groups that are already InfoCert customers
InfoCert offers the Romanian market the best-in-class digital trust services and solutions by means of which it is gaining a reputation throughout Europe: Based on cutting-edge technologies and already compliant with the European and Romanian regulatory framework, InfoCert solutions are able to meet the increasingly complex needs of customers, who are sometimes called upon to face unexpected and difficult challenges such as the current global health emergency for COVID-19 and the sudden explosion of phenomena such as smart working.
In fact, more than ever, the solutions for concluding digital transactions with full legal value – such as Digital Signature and Digital Preservation – have proven to be fundamental for those who must manage and promote their business by operating remotely: for example, for banks and financial institutions that allow customers to open current accounts, obtain financing or reschedule online mortgage payments; for insurance companies that manage to make it possible for policies to be taken out in real time; for telephone companies that allow customers to easily request and activate a SIM card; or maybe for a small businessman who can sign contracts with customers and suppliers without any need for face-to-face meetings.
“We are by far the largest Qualified Trust Service Provider in Europe and our customers acknowledge our ability to make their digital transformation ‘pragmatic’. And this is already happening also in Romania, a market with a great potential for growth.” affirms Michele Lavizzari, Chief International Development Officer of InfoCert (Tinexta Group). “We have ambitious goals and we are convinced that we can achieve them also thanks to the competence and enthusiasm of a manager like Adrian Moraru, whom we have chosen as the country’s sales manager.”
With a degree in Telecommunication and Electronics Engineering from the Polytechnic of Bucharest, Adrian Moraru has a consolidated experience in IT and Digital Trust solutions. In particular, he was responsible – for companies operating in the sector – for the development of the market, including the management of tenders and contracts, and relations with existing customers.
“I am convinced that Romania will appreciate the quality and reliability of InfoCert’s Trust Services, even more so in a historical period such as the current one in which their added value is even more evident” affirms Adrian Moraru, InfoCert Sales Manager Romania ( Tinexta Group). “In particular, the interest of the banking and financial sector in customer onboarding and instant lending solutions is significant. It is an area in which we already boast high-level local references: the national branches of some global credit companies. However, promising contacts and negotiations are already underway with various companies in the worlds of Insurance, Healthcare and Utilities”.
InfoCert, Tinexta Group, is the largest European Certification Authority, active in over twenty countries. The company provides digitalization, eDelivery, Digital Signature and digital document storage services and is an AgID accredited digital identity manager in the context of the Public System for the management of Digital Identity. InfoCert invests significantly in research and development and in quality: It holds a significant number of patents while the ISO 9001, 27001 and 20000 quality certifications show its commitment to the highest levels in the provision of services and in the management of security. The InfoCert Information Security Management System is certified ISO/IEC 27001:2013 for EA:33-35 activities. InfoCert is the European leader in offering Digital Trust services fully compliant with the requirements of the eIDAS Regulation (EU regulation 910/2014) and of the ETSI EN 319 401 standards, and the company aims to grow even more internationally also through takeovers. Since 2018 it has owned 51% of Camerfirma, one of the main Spanish certification authorities, and 50% of LuxTrust, a leading Digital Trust company in Luxembourg. Lastly, InfoCert owns 80% of the shares of Sixtema SpA, the technological partner of the CNA (General confederation of Italian crafts) world, which provides technological solutions and consultancy services to SMEs, trade associations, financial intermediaries, professional studios, and institutions.
Tinexta S.p.A. listed on the STAR segment of the Milan Stock Exchange, obtained the following consolidated results as of December 31st, 2019: Revenues of € 258.7 million, EBITDA of € 71.3 million and a Net profit of € 28.8 million. Tinexta Group is one of the leading operators in Italy in the three business areas: Digital Trust, Credit Information & Management, and Innovation & Marketing Services. The Business Unit Digital Trust provides, through the companies InfoCert, Visura, Sixtema, the Spanish company Camerfirma as well as the Luxembourg joint venture LuxTrust, products and services for digitization, electronic invoicing, certified electronic mail (CEM) and digital signatures as well as services for professionals, associations and SMEs.
In the Credit Information & Management Business Unit, Innolva offers services to support decision-making processes such as chamber and real estate information, aggregate reports, concise ratings, decision models, credit assessment and recovery and RE Valuta offers real estate services, including appraisals and assessments. In the Innovation & Marketing Services Business Unit, Warrant Hub is a leader in facilitated finance and industrial innovation consultancy, while Co.Mark provides Temporary Export Management consultancy to SMEs to support them in business expansion. As of December 31st, 2019, the Group’s staff numbered approximately 1,293 employees.
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