Connections, gross profit of 10.22 million RON, net profit of 8.83 million RON in 2024

Connections, a technology company listed on the AeRo market of the Bucharest Stock Exchange, announces that its consolidated revenues in 2024 amounted to 106 million RON, with a gross profit of 10.22 million RON and a net profit of 8.83 million RON.

The company’s revenue structure highlights a well-balanced diversification across sectors, with 38% coming from the public sector, followed by FMCG (26%), financial services (17%), retail (7%), human resources, manufacturing, oil and gas (3% each).

Last year, Connections invested in artificial intelligence projects with significant public impact and, in partnership with two Romanian companies, is developing two innovative cybersecurity products with an investment of over 4 million RON.

The year 2024 marked the delivery of a major AI project in the United Arab Emirates, based on Large Language Model (LLM) technology, aimed at increasing operational efficiency for clients by up to 15%. In parallel, the company completed the development of two proprietary cybersecurity products and strengthened its presence in the Middle Eastern and Central European markets.

SEE ALSO | Isopan Est production rises to 1.3 million sq m in the first half of the year

- Advertisment -

Latest

BYD launches Dolphin Surf, a new urban EV with competitive range and pricing

Dolphin Surf is the eighth fully electric vehicle launched by BYD in Europe in under three years and the...

Timpuri Noi Square enters second phase with over 60,000 sq.m of new office and retail space

Timpuri Noi Square is entering its second development phase. It will add more than 60,000 square meters of gross...

Investments of over one million euros made on the Stock.estate platform

Licensed in the autumn of 2023 by the Financial Supervisory Authority (ASF) and launched for trading in January 2024,...