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Romanian cybersecurity firm Safetech Innovations sees 53% revenue increase in H1 2024

August 29, 2024

Safetech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange (BVB: SAFE), has reported individual revenues of RON 30.2 million (EUR 6.07 mln) in the first half of 2024, marking a 53% increase compared to the same period last year. 

The turnover reached RON 22.7 million, up by 68%, as the company gained 18 new clients from the Romanian market. The net profit saw a 58% rise to RON 6.1 million. 

"The results generated in the first half of...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/safetech-revenue-increase-h1-2024
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