Friday, 31st October 2025

Cetis Navigates Global Headwinds

Security printing specialist Cetis sees double-digit earnings drop, but presses ahead with international expansion and high-tech upgrades

In a year marked by global uncertainty and shifting demands, Slovenian security printing group Cetis reported a net profit of €16.3 million in 2024, a decline of 11% from the previous year.

Despite the setback, the company remains on a growth trajectory, having delivered major projects across more than 30 countries spanning Europe, Latin America, Africa, and the Middle East.

Total sales revenue dipped by 9.4% to €113.6 million, yet the company’s core sectors—ID cards, banking and tachograph cards—continued to see sustained demand.

Cetis also played a key role in the European Parliament elections in Slovenia, reinforcing its position in the democratic infrastructure space.

Its parent company, which alone brought in €59.6 million (down 12.6%), recorded a smaller profit drop of 6.7%, with 68% of earnings coming from international markets.

Undeterred by the financial dip, Cetis has broken ground on a new 9,500 m² production and office facility in Celje, coupled with significant investments in cutting-edge hardware and software for electronic travel documents—signalling a bold bet on the digital future.

Have a news tip or story to share? Email us at info@connectingregion.com

The Minister Who Isn’t Human

When an Avatar Joins the Cabinet, Politics and Algorithms Collide In a world still debating AI’s limits, Albania simply acted...

Over 250 Workers Jobless After Kentaur Shuts Down Factory in Vranje

The Danish-owned company Kentaur Balkans has abruptly closed its factory in Vranje, Serbia, leaving around 250 workers without jobs....

Vučić Says Serbia Can Buy Russian Stake in NIS, but Moscow Prefers Third-Party Sale

The offer was made during a recent meeting with Alexander Dyukov, Chairman of the Board at Gazprom Neft, and...

Ferrari and Maserati Enter the Electric Vehicle Market

Ferrari unveiled its first fully electric car, the Elettrica, boasting over 1,000 hp, four in-house-developed electric motors, a 0-100...

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities