TextMagic AS is closing its Romanian subsidiary and will continue its marketing activities from Estonia
Globenewswire·2025-11-28 10:12

Core Viewpoint - TextMagic AS has decided to terminate the operations of its Romanian subsidiary, TM Marketing Ops Srl, to enhance marketing efficiency and reduce costs [1] Group 1: Company Operations - The Romanian subsidiary, TM Marketing Ops Srl, has served as the group's marketing unit until now [1] - Future marketing activities will be centralized at the Estonian headquarters [1] Group 2: Strategic Objectives - The decision aims to lower administrative and operational costs associated with maintaining a separate entity [1] - The move is intended to improve overall marketing efficiency and performance [1]