Connections Consult secures public sector contracts worth €29 million

Business Forum

26 June, 2026 at 3:07 PM

Connections Consult announces the conclusion of two significant subsequent contracts with a public institution in Romania. Each of them has as its object migration services of cybersecurity applications and hardware and software accessories.

The first subsequent contract is worth RON 99 million (€19.8 million) excluding VAT, and the second has a value of almost RON 44 million (€8.8 million) excluding VAT.

Each of the two contracts has a duration of 28 months and covers the delivery of software equipment and licenses, migration services, installation and configuration of applications and systems (including infrastructure and AI systems) as well as maintenance and technical support.

The two projects relate to the group's development in the direction of artificial intelligence and cybersecurity.

The company's shares were up almost 17% to RON 16.9 on Friday lunch trading on the BVB.

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