Favbet Romania becomes the main sponsor of UTA Arad
Favbet Romania, a leading company in the betting industry, has become the main sponsor of UTA Arad. The sponsorship contract will last for one year, with an option to extend.
The sponsorship agreement with UTA Arad is the first partnership of this kind concluded by Favbet, a company with 100% Romanian shareholders, marking an important stage in the company’s development strategy on the local sports market. “On behalf of the Favbet team, I express our profound joy in establishing this partnership, which we see as a valuable and beneficial opportunity for both parties involved,” stated Răzvan Bucur, PR Manager of Favbet Romania.
UTA Arad will play this season wearing jerseys branded with the sponsor’s name. “This sponsorship contract represents an important step for our club, bringing new opportunities for the development and improvement of our sporting and financial activities,” said Codru Grădinariu, the club’s Sports Director, during the press conference introducing the new sponsor.
Favbet began its operations in Romania in 2015 and, five years later, launched an online platform that offers players a unique betting experience. Favbet is an iGaming company originally from Ukraine, where it is the official sponsor of FC Shakhtar Donetsk.