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Slide #38. SPAR Group, Inc. — Romanian Marketing Company
SPAR Group, Inc. (NASDAQ:SGRP)
Romanian Marketing Company
SPAR Group, Inc.announced the signing of a joint venture agreement to expand its operations in Romania. SPAR Group will control a 51% ownership interest in the company, SPAR Business Ideas Provider SRL, also known as SPAR BIP. SPAR BIP will specialize in the area of in-store merchandising.
SPAR Group is a supplier of merchandising and other marketing services throughout the U.S. and internationally. Co. also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. Co. operates in various countries and divides its operations into the following reportable segments: its Domestic Division, which provides those services in the U.S.; and its International Division, which provides similar merchandising, marketing, audit and in-store event staffing services in Australia, Brazil, Canada, China, India, Japan, Mexico, South Africa, and Turkey.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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