21.07.2025
AS Bercman Technologies (hereinafter “Bercman”) reported consolidated sales revenue of EUR 613,555 for the second quarter of 2025, representing a year-on-year increase of 57% (2024 Q2: EUR 390,884). Consolidated sales revenue for the first half of 2025 was EUR 988,649, an increase of 34% year-on-year (2024 6 months: EUR 737,449).
Mart Suurkask, CEO of Bercman: “It is encouraging to note that Bercman’s sales performance has strengthened for the second consecutive quarter. The growth is supported by steadily increasing demand for development services, as well as the acceleration of sales of our proprietary products, particularly electric vehicle chargers. We are also seeing renewed market activity in smart pedestrian crosswalks, with sales proposals increasingly converting into orders.”
On the proprietary products side, smart crosswalks were exported and installed in Croatia, and the first crosswalk detection device was delivered to the United States for research purposes. The results of a tender were announced, under which smart crosswalks will be installed in Elva, Estonia, and Kostajnica, Croatia. Cooperation was initiated with the Serbian company TrueSolutions for the resale of smart pedestrian crossings in the Balkan countries – Serbia, Kosovo, North Macedonia, Bosnia and Herzegovina, and Montenegro.
Development work continued on fast chargers for electric cars in the 30-300 kW range. 60 kW fast chargers were delivered to our Norwegian sales partner MerElektro for everyday use in charging electric vehicles. The Norwegian distributor presented the 60 kW fast charger in June at a joint exhibition with Mercedes electric trucks in Norway, which was organised to celebrate the 90th anniversary of the Norwegian Truck Owners Association. In terms of promoting charger sales, the focus is on expanding the reseller network in Norway, Sweden, Denmark and Finland, with direct sales taking place in the Baltic States. Reseller agreements for chargers have already been signed with existing distributors in Greece and the Balkan countries. Additionally, business prospects are being explored in Spain and the Middle East region in Qatar. A customer portal is being developed for convenient remote management and monitoring of fast chargers.
The provision of development services continued to focus on the development of charging solutions for electric vehicles. Cooperation with clients in the defence sector continued at a considerable scale. The development project for smart customer desks for coaches was successfully completed. To promote the company’s development services and learn about the needs and innovations in the field, we participated in DefenceTech Meetup, MELT Innovation Forum and Latitude59 in the second quarter. In connection with the focus on the defence sector, the company participated in the Estonian Minister of Defence’s high-level delegation to Denmark and a business trip to Germany with a focus on the defence and security industry in Bavaria.
As part of the EIS Top Innovators programme, which was completed in June, a study trip and company visits were made to Amsterdam, and workshops were attended to promote the company’s internal innovation strategy.
Further information:
Mart Suurkask
AS Bercman Technologies
Member of the Board
+372 5340 2902
mart.suurkask@bercman.com