The company’s revenues reached RON53.95 million (EUR11 million), up 150% from January-September 2021.
Arctic Stream boosted its sales volume by sealing over 100 contracts.
“I am confident that, irrespective of the looming economic turmoil, our business will maintain its growth in the coming years as well because the direction of the market we operate on is upward,” stated Dragos Octavian Diacony, founder and general manager of Arctic Stream.
In the third quarter of 2022, in the wake of a project with the EBRD, Arctic Stream underwent a rebranding process, carried out together with Inoveo agency.
The company’s capitalization stands at RON85 million.
Its shares have lost 12% since the start of 2022 amid RON8.4 million deals.
(English version by Catalina Apostoiu)