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Circle S.p.A. Secures €180,000 Contract for Port Digitalization

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Circle S.p.A. Secures €180,000 Contract for Port Digitalization

Elevate Your Investing Strategy:

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

Circle S.p.A. has secured a €180,000 contract for a digitalization project with a Mediterranean Port Authority, aiming to innovate logistics-port processes through advanced technologies. This initiative aligns with European transport and sustainability regulations, enhancing Circle’s position as a key technology partner in the digitalization of Mediterranean ports. The project includes developing solutions for traffic digitalization, railway planning optimization, and implementing a Digital Twin system, supporting the company’s ‘Connect 4 Agile Growth’ industrial plan.

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 listed on the Euronext Growth Milan market. The company leads a group specializing in process analysis and the development of solutions for innovation and digitalization in the port and intermodal logistics sectors. It also offers international consulting on Green Deal and energy transition issues. Circle Group includes software companies and consulting firms, providing a range of products and services such as Milos® suites, Extended Port Community System, and advanced solutions leveraging AI technologies.

Average Trading Volume: 8,138

Technical Sentiment Signal: Sell

Current Market Cap: €31.84M

See more insights into CIRC stock on TipRanks’ Stock Analysis page.

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