March 30 (SeeNews) - Romanian IT infrastructure and security integrator Arctic Stream [BSE:AST] said on Thursday that it has concluded a 11.5 million lei ($2.5 million/2.3 million euro) contract with an undisclosed client from the public sector for providing integrated systems for communication networks and data centre.
The company must deliver and implement the systems for the client by September 30, 2023, Arctic Stream said in a filing with the Bucharest Stock Exchange, BVB.
A SeeNews email to Arctic seeking further details of the contract went unanswered by the time of publishing this article.
Arctic Stream was established in 2017 and is an IT integrator with a focus on Cisco technologies. The company has a physical presence in Bucharest and implements IT infrastructure and security projects at the national level, both through its own team and through local partnerships.
The company is listed on the AeRO market of the BVB. Its shares traded 3.45% higher at 24 lei as of 1437 CET on Thursday, bourse data showed.
(1 euro=4.94828 lei)