The contract is worth RON10.7 million and involves the supply of communication equipment for a public sector client whose name Arctic Stream has not disclosed. The duration of the agreement is 24 months.
Arctic Stream has a RON126 million capitalization. Its shares have added 48.5% amid deals worth RON9.1 million.
The company ended the first nine months of 2023 with RON93 million turnover, up 73% from the year-earlier period, and RON8.2 million net profit, 91% higher.
The majority stakeholder in Arctic Stream is the company’s CEO Dragos Diaconu, with a 67.6% stake.
(English version by Catalina Apostoiu)