M247 Europe has seen steady growth in annual revenue of more than 22% over the past five years, to as much as EUR24.6 million in 2022, the source said. It expects double-digit growth in revenue in 2023.
“M247’s business progress in 2022 was supported by the digitization of companies’ operations, interest in securing the IT&C segment and the implementation of cost efficiency projects. Cloud services have proven essential in this regard. We expect the trend to continue this year (…)”, said Gabriel Popescu, CFO of M247 Europe.
M247 Europe currently has two modern data centers in Romania and plans to open a new one in Bucharest.
(English version by Loredana Fratila-Cristescu)