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Circle S.p.A. Secures Strategic Contract to Enhance Port Cybersecurity

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Circle S.p.A. Secures Strategic Contract to Enhance Port Cybersecurity

Circle SpA ( (IT:CIRC) ) has provided an announcement.

Circle S.p.A. has signed a €500,000 framework agreement to align port services with the NIS2 Directive and updated EU and national technical requirements, emphasizing cybersecurity in critical sectors like ports. This strategic move is part of Circle’s ‘Connect 4 Agile Growth’ plan, aiming to enhance IT resilience and ensure regulatory compliance, thereby solidifying its leadership in the port services sector and mitigating risks of sanctions and operational disruptions.

More about Circle SpA

Circle S.p.A., founded in Genoa in 2012, is an innovative SME leading the Circle Group, which specializes in the analysis and development of products for innovation and digitalization in the port and intermodal logistics sectors. The company also engages in international consulting on Green Deal and energy transition issues. Circle Group includes several software and consulting companies, offering a range of solutions such as Milos® suites, Extended Port Community System, and StarTracking®, aimed at enhancing digital business models and optimizing supply chain operations.

YTD Price Performance: -2.48%

Average Trading Volume: 8,149

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €37.07M

Learn more about CIRC stock on TipRanks’ Stock Analysis page.

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