The contract targets the delivery of software products, hardware equipment, installation, configuration, testing and personnel training services necessary for virtualization and centralization of applications already existing in the customer’s infrastructure.

“The total amount of services, equipment and software products delivered by Connections Consult SA, as leader of the association, is 10,906,441.50 lei plus VAT, and the expected margin is approximately 10%. The solution will be delivered by January 2024,” the report shows.

Connections Consult has a market value of RON70.6 million and is 67.5%-owned by Bogdan Florea. CC shares have gained 62.7% so far in 2023, amid deals worth RON3.3 million, as per stock market data.

Connections Consult ended the first half of 2023 with a net profit of RON3.6 million, up 273% from the same period of 2022, and 27% higher than the level initially budgeted. Its turnover totaled RON40.9 million in January-June 2023, up 62% from the same period of 2022.