Safetech Innovations announces revenues of RON 60 million in 2024
As of 2024, Safetech Innovations has been involved in five research projects financed by European or national funds, with a total value of approximately RON 14 million.
As of 2024, Safetech Innovations has been involved in five research projects financed by European or national funds, with a total value of approximately RON 14 million.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
In the first quarter of 2024, at the individual level, cybersecurity services contributed 30% to total turnover, and implementing cybersecurity solutions contributed 70%.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.

Cris-Tim Family Holding debuted today on the Bucharest Stock Exchange's (BVB) under ticker CFH, becoming the first food industry company listed on Romania's main market. The company completed an IPO worth €89.3 million in late October.
Grup Șerban Holding has inaugurated the Moldavia Poultry Farm, an €11.5 million investment located on European Road E85 in Orbeni commune, Bacău County.
IBC Focus, a company specialising in construction sector data, has begun its internationalisation strategy by expanding into Moldova.
Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.
Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.