BVB-listed Romanian IT company Bittnet Systems marks exit from Elian Solutions

Bittnet Systems, an IT company listed on the Bucharest Stock Exchange, announced the sale of its 61.68% stake in software provider Elian Solutions to the Latvian company Digmatix AS. The total value of the transaction reached EUR 6 million.

According to a report published on the BVB, Bittnet will receive EUR 3.3 million at the end of the transaction, while the remaining sum will be paid in March 2027.