27.7 C
Bucharest
August 8, 2022
BUSINESSBUSINESSCOMPANIESECONOMY

Teilor appoints Giani Kacic as CFO of the company at the global level

TEILOR, the chain of luxury jewelry stores present across the CEE region, announces the appointment of Giani Kacic as the CFO of the company. With over 23 years of professional experience in the financial field, spanning multiple industries such as pharmaceuticals, oil and gas, and real estate, Giani Kacic will be responsible for the company’s financial activity globally.

Following the successful placement of corporate bonds to the Bucharest Stock Exchange investors, TEILOR’s expansion outside Romania has accelerated. At TEILOR, we have always focused on attracting diverse talent because, over the years, it has proven to be fundamental to achieving our ambitious goals. Today, the TEILOR team means over 500 employees, 12 nationalities working together to deliver to our clients the unique TEILOR experience. Therefore, we are thrilled to further expand our team and welcome Giani Kacic. I am confident that his vast experience will contribute to consolidating the activity in Romania and transforming TEILOR into a strong international brand,” stated Willy Dicu, CEO of TEILOR

Before joining TEILOR, between 2018 and 2021, Giani held the CFO position of Impact Developer & Constructor, a company listed on the Main Market of the Bucharest Stock Exchange. At Impact, he was involved and successfully obtained almost 100 million euro financing through credit facilities and corporate bonds on BVB and drafted the company’s ten-year strategy and business plan. Previously, for 15 years, he held various management positions within Rompetrol, part of KMG International Group, including CFO.  Giani Kacic began his professional career at a pharmaceutical company, Farmexim.

TEILOR’s unique client-centric business model has made the company number one on the Romanian jewelry market, and I am thrilled to join the team and contribute to the process of the brand’s global expansion. TEILOR is an extremely well-capitalized group, which has managed to grow organically over the years. With the recent capital raise by issuing corporate bonds, TEILOR has entered a new stage of development, which will require a lot of agility from the whole management. I am thus excited and I look forward to working alongside Willy and the whole TEILOR team, delivering on the promises we have made to our investors as well as partners,” stated Giani Kacic, newly appointed CFO of TEILOR.

In his new role as the global CFO of TEILOR, Giani Kacic will be responsible for leading the financial and accounting operations, as well as will provide strategic insights to support the consolidation of the company’s activities in Romania and the development of the business at the international level. In this process, he will collaborate directly with the Board of Directors and the executive team of TEILOR.

TEILOR is the largest fine jewelry chain in Romania with 56 brick-and-mortar stores, out of which six stores are TEILOR Exclusive, offering clients limited series of handmade and carefully selected jewelry inlaid with diamonds and precious stones. Also, TEILOR currently operates five e-commerce platforms – teilor.com, teilor.ro, teilor.hu, teilor.bg and teilor.pl.

At the end of 2021, TEILOR Holding, a group of companies that includes the chain of luxury jewelry stores TEILOR, Teilor Invest Exchange, and financial lending company Invest Intermed GF IFN, successfully closed the first corporate bonds issuance and raised 45 million lei from BVB investors. The bonds were issued in lei and euro and have been listed on the Bucharest Stock Exchange since December 21, 2021, under the symbol TEI26, respectively TEI26E. Approximately 45% of the raised capital is directed to TEILOR and will be used for the expansion of the jewelry store network across Romania and Europe and investments in the eCommerce platform.

 

Related posts

Huawei Roadshow Has Returned to Bucharest: 5G and the Latest Top IT&C Technologies at the 2018 Exhibition

Banks Stopped Trading With Libya

Test

Petrom: Imported gas price to reach USD 545 for 1,000 m3

Nine O' Clock