Romanian tech startup Telerenta, which operates an electronic equipment rental platform for both individual users and companies, announces the expansion of its operations in Poland.
Poland was chosen due to its market size and high internet penetration, as well as the significant potential for industry development. Although the Polish market already has several active players, Telerenta considers this challenge essential for the maturation and diversification of its product.
The company estimates 30 percent better results in Poland compared to Romania, considering the market size, which will help validate the project internationally and prepare for expansion into other EU countries, such as Spain, in the near future.
“We expect Poland to be the test that confirms our project is internationally validated, thus demonstrating that we can be successful outside of Romania. This market, known for its development potential, will allow us to invest significantly and consolidate our position. In the first year of activity in the Polish market, we aim to emphasize fast delivery, ensuring a 24-hour delivery rate of approximately 98 percent. The Polish market is much more mature, with pre-existing integrations and high levels of automation, making implementation much easier and faster”, says Ionuț Farcaș, Global Expansion Director at Telerenta.
The expansion in Poland involves investments of 1.5 million euros by the end of the year and required a preparation process of approximately 6 months before the actual launch.
For operations in Poland, Telerenta has formed a mixed team of local specialists in eCommerce, fulfillment, and online marketing, supported by the Romanian team for technical support and software development.
“In Poland, we will also offer for rent products that are not yet available in Romania, such as smartwatches, for example. We will have at least as wide a range as in Romania, but we will also focus on locally successful products, offering solutions adapted to the local market”, adds Ionuț Farcaș.
The company’s strategy in Poland will include a mixed approach, B2C and B2B, from the start.
Additionally, Telerenta plans to build a network of RentBoxes (specialized vending machines that allow users to rent and immediately pick up electronic equipment), with the first device to be installed by the end of this year.