Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, with offices in Bucharest, London and Abu Dhabi, registered RON59.8 million revenues at individual level in 2024, up 28% from 2023, turnover of RON42.3 million, up 36%, and RON13.5 million net profit, 39% higher than in 2023.
Morphosis Capital Partners, a private equity firm founded by Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, has carried out its first investment outside Romania by taking over a minority stake in EnduroSat, a European satellite developer and supplier of space services set up by Raycho Raychev.