Connections Tech

What happens when a listed tech company focuses on long-term value creation?

In the Investor Relations discussion held on May 20, Bogdan Florea and Radu Marcu - Connections coCEOs, talked about the strategic decisions behind Connections’ evolution:
from monetizing the Service Delivery division
to accelerating investments in GovTech, AI and Cybersecurity.

Some of the key ideas discussed:
👉 Connections has evolved from small custom software projects to large-scale digital infrastructure and GovTech projects, with tech vertical growing 9x last year alone.
👉 AI is already integrated across the company's internal workflows, software delivery and future proprietary products
👉 Our Cybersecurity philosophy and practice are about application-level resilience and secure-by-design architecture
👉 The public sector remains one of the world’s largest technology spenders, and one of the biggest opportunities for Connections to create meaningful digital transformation.

To showcase our expertise with big, complex projects, Bogdan & Radu talked about 🔹 PREVENT 🔹, the platform we developed for the National Integrity Agency (ANI), capable today of analyzing millions of public procurement procedures annually in order to detect conflicts of interest, a project that shows how technology can increase institutional capacity at scale.

Watch the rest of the conversation to learn about:
✔️ how Connections evaluates its pipeline and budgets growth
✔️ why the company is approaching international expansion cautiously
✔️ and how the group structure supports both product development and delivery capacity

Access the link to the full recording in comments.

Q1 2026 results talk about the reality of our new chapter.

Connections closed the first quarter of 2026 with a
net profit of 7.89 million RON, up 901% versus Q1 2025,
and a gross profit margin of 36%, compared to 7% a year ago.
Revenue reached 25.8 million RON, a 33% increase year-on-year.

These are the first results that fully reflect the business we have been building: a model focused on high value-added software, digital transformation and emerging technologies, with no margin dilution from lower value-added activities.

Q1 2026 also marked the signing of a significant AI & HPC contract with a Romanian public institution, valued at 45.9 million RON.
One of the most complex GPU infrastructure projects implemented in the Romanian public sector to date.

The direction for 2026–2030 is set.

We are more profitable, more focused, and well positioned in a market shaped by accelerating digitalization and new European regulations - NIS2, AI Act, Cyber Resilience Act.

Full report available at connections.tech/ in comments and on the Bursa de Valori Bucuresti page.

One of the most overlooked vulnerability in Romania:
"Looking at cyberattacks over the last year and a half, both in the public and private sector, in many cases the attack was not enabled by the lack of a tool. It was enabled by a poorly written line of code from three years ago that was never updated, never corrected." said Bogdan Florea - CEO Connections, at the News.ro / Leaders Lounge – Cybersecurity event on May 11.

What Secure by Design actually means in practice?

🟰"Secure Software Development Lifecycle is not just a technical standard. It is a shift-left approach: you start implementing security measures from the very first phases of development, not after the system is built."

The Cyber Resilience Act, entering into force in December 2027, makes explicit references to * Secure by Design * for systems and software solutions alike. Companies need to be ready.

"When building software, security means discipline from the beginning. And the cost of not doing it is not a compliance fine, it is losing your critical data because of a line of code written three years ago that nobody touched since."

Today, Bogdan Florea, Founder & Co-CEO of Connections, joins the News.ro Leaders Lounge conference “Cybersecurity – Protecting Businesses in the Digital Era” as a speaker.

His topic:
Secure by Design — the foundation of digital sovereignty

As AI accelerates and critical infrastructures become increasingly interconnected, cybersecurity can no longer be treated as a final checkpoint. It must become part of the system from the very beginning.

💬 “Digital sovereignty is written in code and measured at organizational level. Cybersecurity is not something you buy at the end — it is something you build from the very first line and continuously monitor over time.”

Bogdan will address:
▪ why cybersecurity starts with developers, not only with the CISO
▪ why secure coding should become a GovTech procurement standard
▪ why scaling NIS2 compliance requires more than traditional consulting

📺 The event will be broadcast live on Prima News, YouTube, News.ro and the News.ro page. Link in Comments👇

"Meet Our Connectors" is back!
We’re kicking off the 2026 edition with Ionela Eșanu, the person behind the first step of every complex project we deliver.

Before the code. Before the kickoff. There’s a process where opportunities become direction.

That’s where Ionela and the Bid & Presales team step in.

With over 20 years of experience in public procurement, Ionela leads the process that transforms requirements, regulations, and multiple team inputs into a coherent, winning proposal.

As she puts it:
“A compliant offer keeps you in the race, but a strong one gets you to the top.”

Behind every project delivered, there are weeks of coordination, hundreds of pages, and decisions made under pressure — all with zero margin for error.

Through Meet Our Connectors, we continue to bring forward the people who make things happen in Connections, the ones who turn strategy into ex*****on and ideas into real impact.

Read the full story on our Blog: link in comment

Easter mode: ON 🐰

A slower pace.
Time with family and friends.
Cozonac.

Wishing you a Happy Easter, however you choose to spend it!

Thank you to everyone who joined today’s investor conference call!

We aimed to go beyond the obvious and explain the thinking behind our decisions, the foundation of our strategy, the opportunities we see ahead, and how we approach the future.

We were pretty technical on some of the topics, but sometimes hearing about processes in detail sheds light on the operational complexity of things🤓.

A few key takeaways from today’s discussion:

- What makes 2025 historic is our ability to reach financial records within a complex and challenging environment. We had good years before, but last year we had to balance profitability with strategic transformation and long-term positioning.

- For 2026 we stay focused on investing in AI and cybersecurity, maintain a strong public sector pipeline where we hold a leading position, expand across the UK, US, and European markets, and develop proprietary products with recurring revenue potential and higher margins

- Our teams are our strength - they understand the strategy and deliver real value to clients and partners every day

Looking ahead, there is still work to be done. We'll keep paying attention to opportunities, adapt and deliver exceptional quality.

Thank you for being part of the conversation.

👉 Check out the recording on Youtube

Connections Consult CC | Investors Day | April 2nd 2026 Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Looking forward to getting connected at our IR Conference Call tomorrow - April 2nd, 11H00, to talk about our financial results in 2025 & 2026 perspectives.

You can ask questions in advance until 11:00 AM today, at [email protected], live or via comments on social media pages.

The full recording of the event will be available later on our channels.

Want to keep your thinking sharp? Reading is one of the simplest ways, especially in a world that rewards speed more than depth.

Ziarul Financiar invited our co-CEOs Bogdan Florea and Radu Marcu to recommend “A book for GenZ” / “O carte pentru Gen Z” 👉 https://tinyurl.com/ejjdh3ub

Bogdan Florea: The Habsburgs: To Rule the World (Martyn Rady) — a reminder that history is not “old news”, it’s context for how power, culture, and societies evolve.

Radu Marcu: Principles (Ray Dalio) — a practical framework for making decisions when everything feels ambiguous and noisy.

What’s one book you’d recommend to a GenZ-er?

Ce cărţi îţi recomandă cei doi co-CEO Connections: Bogdan Florea şi Radu Marcu În rubrica „O carte pentru GenZ”, mergem direct la sursă şi îi întrebăm pe cei mai importanţi oameni din businessul românesc ce lecturi...