cBrain has entered into an agreement in Ukraine with the purpose of supporting the reconstruction of the municipal infrastructure in Makariv

cBrain has entered into a cooperation agreement in Ukraine. The agreement has been concluded with the Ukrainian Fund for Energy Efficiency and Energy Savings (UFEES), which is a publicly funded non-governmental organization in Ukraine, and the Makariv Settlement Council, which is located in the Kyiv region.

cBrain at WEF23

We are attending this year’s World Economic Forum Annual Meeting with the intention to bring forward our take on how standard software and digital infrastructure can increase national resilience, accountability and transparency in public governance.

We are also very keen to be in Davos, Switzerland, to discuss how digitalization can close the time gap from political decisions to execution in especially the environmental space through automated permitting, inspections, approvals etc.

We have to speed up the decision-making processes so we can move from policy decisions to tangible results that have an impact on the restoration of our biodiversity and the reduction of CO2 emissions before it is too late.

We are discussing with potential partners how to establish new and innovative funding methods to accelerate digital transformation within global government institutions. Digital infrastructure is essential in building accountable institutions as well as accelerating climate action

By re-using Danish government experiences, this new initiative may help government institutions to jump 10 years in 10 months.

Read more about World Economic Forum Annual Meeting 2023 here.

Brain welcomes agreement with the Danish Immigration Service

cBrain has entered into an agreement with the Danish Immigration Service to implement F2. cBrain has previously announced agreements with the Department of the Ministry of Immigration and Integration, the Danish Return Agency Service, and the Danish Agency for International Recruitment and Integration. The new agreement with the Danish Immigration Service therefore means that cBrain now solves tasks for all entities under the Ministry of Immigration and Integration.

Government agencies form a central element in cBrain’s growth plan because they constitute a significant part of the market potential for F2, both for use as ESDH (electronic document and records management system) and as digital platform for professional processes.

The agreement is therefore important. The continued influx of new agencies in Denmark shows that cBrain is succeeding in implementing its growth plan, including especially that cBrain is consolidating its market potential and continuing to expand its domestic market position as a supplier to the Danish authorities. 

The City of Copenhagen chooses cBrain F2 as the new grant management system in the Culture and Leisure Administration

 cBrain is pleased that the City of Copenhagen, following a public tender, has chosen cBrain as supplier of a new grant management system in the Culture and Leisure Administration.

The new system is to support just over 2,000 grant management cases annually in the Culture and Leisure Administration, and it will be used by approx. 1,000 public awareness-raising associations and 50 evening schools.

The agreement is important for cBrain because it supports the implementation of the company's growth plan, including especially solutions for grant management. At the same time, the agreement substantiates that cBrain is increasingly managing to open up the market for local government.

Inquiries regarding this notice may be directed to
Ejvind Jørgensen, CFO, cBrain A/S, ir@cbrain.com, +45 2594 4973

COP27 agreement initiates collaboration between the Environmental Protection Agency in Ghana and cBrain

Implementation is a key theme at COP27 in Egypt, and the fight against the global climate changes are largely driven by authorities. But unfortunately, it often takes a long time between politicians adopting a resolution until the decision is implemented in practice. It is therefore crucial for climate action to shorten the time it takes to implement political decisions.

cBrain takes next step in growth plan

For the financial year 2022, cBrain has announced an expected revenue growth of 20-25% and earnings before tax of 15-20%, and in August cBrain raised expectations for earnings before tax to 18-22%. cBrain maintains its expectations and is happy about continued good development, with both new customers and an ongoing influx of new projects with existing customers.

Increased export raises cBrain’s revenue growth to 27% in the first six months of 2022

The financial statement for the first six months shows a revenue of 95 million DKK as compared to 75 million DKK in the same period last year, corresponding to a 27% increase in revenue. Earnings before tax (EBT) has increased to 24 million DKK as compared to 17 million DKK in the same period last year, corresponding to a 44% increase in earnings (EBT).

cBrain to supply F2 to the Danish Climate Forest Foundation to support reforestation projects

cBrain is to supply F2 as the new digital platform to the Danish Climate Forest Foundation. The new solution for the Danish Climate Forest Foundation is to support grant management, including being able to receive applications based on map data, ensure an efficient case handling process and journaling, together with support of the Foundation’s other work.

cBrain to supply climate software in Kenya

cBrain has won a tender in Kenya. cBrain will provide a national digital platform to support extended producer responsibility and the circular economy.

Circular economy, reduced plastic pollution and extended producer responsibility are important areas in the global climate agenda, and areas that more and more countries and the EU are working on.