STid Achieves Record-breaking Results in 2021
The French specialist in secure contactless identification solutions, STid, has announced a record annual revenue growth of +50 %, where the average growth of business in Europe is around 6.5 %.
2021 has been an astonishing year for STid. The company is proceeding well on a growth path that is expected to continue in the upcoming years. This growth is witnessed in all of the company’s strategic business areas in Europe and throughout the world. It has won numerous large and small projects, including some very prestigious ones, such as at MIT (Massachusetts Institute of Technology) in the USA, KPN, Infrabel, Michelin, and the Olympic Games. In 2021 STid announced the opening of a brand new office in Dubai and the commencement of strategic partnerships with European and American industry leaders that decided to incorporate STid identification solutions into their portfolio. Between 2021 and 2023, STid has budgeted to invest 12 M€ in its growth plan.
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