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Circle Group Secures €200,000 Contract to Enhance Port System Interoperability

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Circle Group Secures €200,000 Contract to Enhance Port System Interoperability

Confident Investing Starts Here:

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

Circle Group has secured a €200,000 contract to enhance the Extended Port Community System, aiming to improve interoperability and digitization within the Italian port system. This project will support the transformation of logistics towards greater efficiency and sustainability, aligning with European standards like the NIS2 Directive. The contract reinforces Circle Group’s role as a key player in the digital transition of Mediterranean ports, contributing to the development of interconnected and operationally efficient logistics systems.

The most recent analyst rating on (IT:CIRC) stock is a Buy with a EUR10.50 price target. To see the full list of analyst forecasts on Circle SpA stock, see the IT:CIRC Stock Forecast page.

More about Circle SpA

Circle S.p.A., founded in Genoa in 2012, is an innovative SME leading the Circle Group, which specializes in developing solutions for innovation and digitization in the port and intermodal logistics sectors. The company also provides international consultancy on Green Deal and energy transition issues. Its main products include the Milos® suites, the Extended Port Community System, and MasterSPED® solutions, among others. The Group operates through various subsidiaries and affiliated companies, offering services in software development, consultancy, and advanced technological solutions for logistics and transport.

Average Trading Volume: 8,952

Technical Sentiment Signal: Sell

Current Market Cap: €32.79M

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

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