Safetech Innovations appoints Ionuț Georgescu as CEO
Bucharest, December 19, 2025 – Safetech Innovations (BVB: SAFE), a Romanian cybersecurity company listed on the Bucharest Stock Exchange, with offices in Bucharest, London, Abu Dhabi, and Riyadh, announces the appointment of Ionuț Georgescu as Chief Executive Officer (CEO), effective January 1, 2026.
Ionuț Georgescu joined the company in May 2023 as Chief Operating Officer (COO), bringing over two decades of experience in IT and information security. During this period, he played a key role in structuring and streamlining internal processes amid the company’s expansion, both on the local market and internationally.
In his new role, succeeding Victor Gânsac, Safetech’s co-founder, Ionuț Georgescu will oversee the company’s executive activity. His priorities include developing and expanding teams, continuing to optimize internal processes, ensuring the operational integration of international projects, and strengthening the company’s ability to deliver services and solutions in line with the requirements of the markets in which Safetech Innovations operates. He will also ensure unified coordination across commercial, technical, and support departments, enabling the company to sustain its growth trajectory in the coming years.
“The appointment of Ionuț as CEO comes at a time when Safetech Innovations requires an executive leadership strongly focused on operational activity, team development, and the optimization of ongoing processes. In his new role, he will continue to drive operational alignment across the organization, enabling the company to maintain its sustained growth pace and to further expand its portfolio of services, both in Romania and internationally. Over the past years, these areas have represented a significant part of my own responsibilities, and Safetech’s evolution clearly shows that the time is right for this role to be exercised on a fully dedicated basis. This transition takes place in a favorable context for the company, as the cybersecurity market is experiencing accelerated expansion, supporting the requirements of our current scaling phase. Ionuț has already demonstrated his ability to strengthen the company’s operations in a structured and efficient manner, and I am confident that he will continue on this path and support the development of Safetech Innovations in line with our long-term growth objectives,” stated Victor Gânsac, Chairman of the Board of Directors of Safetech Innovations.
Under the new organizational structure, Victor Gânsac will assume a strategic role at company level, focusing on the main growth directions, international partnerships, and positioning Safetech Innovations as a relevant regional player in the cybersecurity sector. In parallel, he will oversee institutional relations and lead key initiatives related to the company’s expansion into European projects and emerging markets. He will also continue to represent Safetech Innovations in investor relations and across the capital markets, in his capacity as Chairman of the Board of Directors.
“Taking on the role of CEO of Safetech Innovations is a significant responsibility, which I assume with confidence and determination. I have an in-depth understanding of the organization, its people, and the way we operate, providing a solid foundation for ensuring consistency in decision-making at a pivotal stage for the company. Looking ahead, my objective is to strengthen Safetech’s position in an increasingly complex market environment through a balanced approach focused on performance and adaptability. We will continue to develop our capabilities, capitalize on opportunities in international markets, and respond effectively to the increasingly demanding requirements of our clients. Together with the Safetech Innovations team, I will continue to build on the existing foundation to support the company’s long-term development and the delivery of cybersecurity services at the highest standards,” said Ionuț Georgescu, CEO of Safetech Innovations.
In the first nine months of 2025, Safetech Innovations posted consolidated revenues of 41 million lei and a net profit of 8 million lei, a 20% increase compared to the first nine months of 2024. For 2026, the company expects international projects to make an increasingly significant contribution to total revenues, particularly through the European Commission’s FREIA framework contract, implemented via the Directorate-General for Digital Services (DG DIGIT), in which Safetech Innovations participates as a subcontractor. The company’s management estimates that these activities will account for approximately 15% of turnover over the course of next year, while also strengthening Safetech Innovations’ presence in Europe and opening up new development opportunities in external markets. The European Commission’s FREIA framework contract aims to enhance cybersecurity across European Union institutions, bodies, and agencies. Safetech Innovations is already executing its first contract under this framework.
Safetech Innovations has been listed on the Main Market of the Bucharest Stock Exchange since February 6, 2023, and trades under the symbol SAFE.