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Romania
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Fortenova sells agri unit to Podravka for 333 mln euro
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Romania's Softbinator Technologies concludes contract with subsidiary

Jan 18, 2023, 4:32:30 PMArticle by Razvan Timpescu
share
January 18 (SeeNews) - Romanian software company Softbinator Technologies [BVB:CODE] said that it has concluded a contract worth 2.17 million lei ($477,400/439,670 euro) with its subsidiary Espresoh Tech for providing it with software development services.

Romania's Softbinator Technologies concludes contract with subsidiary
Source: Andrei Zafiu

The contract is concluded for an indefinite period of time, according to a report filed by Softbinator with the Bucharest Stock Exchange on Tuesday.

Softbinator Technologies was established in 2017 and employs approximately 200, according to its website. The company acquired 100% of Espresoh in 2022.

Softbinator Technologies shares traded 2.74% higher at 7.5 lei as of 1434 CET on Wednesday, bourse data showed.

(1 euro=4.9355 lei)

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