French meal card and vouchers supplier Edenred took over Profit On-line, one of many largest versatile in-kind advantages platforms in Romania by which firms ship non-wage advantages to their workers.

Native entrepreneurs Adrian Sârbu and Stelian Bogza based the corporate six years in the past. Profit On-line in the present day has about 100,000 energetic customers (workers), from over 250 client-companies in varied industries, comparable to IT & software program, manufacturing, monetary companies, call-center & shared companies.

Following the transaction, the Profit On-line model will proceed to develop with the identical administration and operational crew, backed by the innovation, know-how, and industrial assist of Edenred Group.

In an analogous deal, in 2017, Edenred’s competitor Sodexo took over native advantages firm Profit Seven.

Edenred is a number one middleman within the non-wage advantages trade in Romania, the place over 35,000 firms present meal tickets issued by the corporate. Recipients of Edenred meal playing cards in Romania carried out in 2018 over 31.64 million transactions at accomplice retailers, and over 80% of them had been contactless.

Edenred Group is the world chief in intermediation options for firms, workers, and merchants, with a turnover of over EUR 26 billion generated in 2017, of which 78% by digital options.

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By Samy