International wellness company specializing in the development and manufacture of health-promoting products, Vitana-X Inc (OTCMKTS:VITX), on September 20, 2021, announced successfully commencing operations in Romania on August 12, 2021.
Founder Bernhard Sammer, said that the annual turnover of $407 million and Romania’s impressive ranking of 33 in the World Federation of Direct Selling Associations of all direct selling markets makes it a larger market than many western European countries like Austria and Switzerland. Sammer added that over 400,000 independent distributors are participating in the country’s direct selling industry.
The market potential is also reflected in the sanguine feedback as well as the entrepreneurial skills of the Romanian people. Sammer added that the company has entered the primary phase of momentum from the beginning and feels optimistic about its future including the Christmas season business that will commence shortly.
The firm is expecting to start more markets for products as well as the business concept of Vitana-X soon. Sammer concluded that the priority levels for consistent growth of sales opportunities as well as activities in the R&D are akin and is looking at providing customers based on a fresh scientific perspective.
The founder also expressed gratitude to shareholders for their patience and said that financial reports, as well as OTC disclosures, have been amended and re-filed. The attorney will be making efforts on the letter on the contemporary information and is keen on returning to “Pink Current” status.”