Our Portfolio Company 'Bercman Technologies' Accelerates Growth and Revises 2025 Forecast Upward

Our Portfolio Company 'AS Bercman Technologies' has posted a solid performance in the third quarter of 2025, achieving consolidated sales revenue of EUR 436,807, a year‑on‑year increase of 34 percent (compared to EUR 326,567 in Q3 2024). The company is seeing meaningful order activity across its product lines, including a strong pipeline for smart pedestrian crosswalk systems and electric vehicle fast chargers. In Q3 the firm received orders for unregulated pedestrian crossing safety systems destined for Greece, Croatia, Montenegro, Serbia and Estonia, with the majority of deliveries scheduled for the fourth quarter. On the EV‑charging front, Bercman delivered mobile 60 kW chargers to Norway and shipped its first unit to Doha, Qatar for use by hotel guests. Meanwhile, development‑services activity remains active in Estonia across EV‑charging solutions, defence, smart renewables and industrial electronics, including a new partnership with software firm nodeSWAT to provide full‑stack product development services. With the strong Q3 growth and an expanding pipeline, Bercman’s management has revised the 2025 sales forecast upward by 40 percent from EUR 1.65 million to EUR 2.15 million. As they aim to close the year on a strong note, the company is positioning itself to scale both proprietary products and development services as part of its long‑term strategy.

Source: https://view.news.eu.nasdaq.com/view?id=b1994f2ee3865603e5b1a132110643d8b&lang=en&src=listed