The consortium is led by Ernst & Young Consulting BV/SRL and formed of Orange Business Belgium S.A., Cosmote Global Solutions N.V. and Deutsche Telekom Global Business Solutions S.A. The Consortium has been awarded the first position under Lot 2 (Policy Implementation Support – EUR128.2 million) and Lot 3 (Advisory Services and Capacity-Building Services – EUR49.39 million) of the framework contract. Positions 2, 3 and 4 under this procedure have been awarded to three other consortia.
The scope of the Framework Contract covers the provision of external services to support cybersecurity operations, advisory services on cybersecurity topics, as well as capability development in the field of cybersecurity. The Freia framework contract has a duration of 48 months.
As a subcontractor, the Company will carry out activities based on specific orders received throughout the duration of the contract, depending on its capabilities and availability, under the coordination of the consortium leaders. The actual allocation of activities and associated revenues will depend on the DG DIGIT’s evolving needs over the duration of the contract, as well as on the internal distribution of tasks among consortium members, based on their respective expertise.
SafeTech Innovations reported RON26.7 million revenues at individual level for H1/2025, down 12% from the year-earlier period, a RON18.5 million turnover, down 19%, and a RON6 million net profit, 2% lower against the first six months of 2024. The net profit margin increased to 33% in the first half of 2025 (compared to 27% in H1/2024), marking an improvement of approximately 6 percentage points, mainly driven by the higher share of cybersecurity services, which have superior profitability.