We remain committed to expanding in 2023

In 2022, Sirma achieved a growth rate of 25.8%, which is a significant success. The year proved strong with business recovery after COVID-19, as Sirma won several new customers and expanded into new markets. Additionally, we completed a major deal that resulted in the majority stake of Sirma AI (trading as Ontotext) being sold. Later, we negotiated with the EBRD to sell our remaining minority stake, which we finalised in early 2023. The transaction resulted in a negative impact on consolidated earnings.